SeaCrest Wealth Management LLC Has $1.50 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SeaCrest Wealth Management LLC raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 96.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,946 shares of the company’s stock after buying an additional 28,436 shares during the period. SeaCrest Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,497,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SCHP. Quadratic Capital Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 24.5% in the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after acquiring an additional 2,803,683 shares in the last quarter. Cerity Partners OCIO LLC acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at $130,469,000. JPMorgan Chase & Co. raised its position in Schwab U.S. TIPS ETF by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after purchasing an additional 1,458,886 shares during the last quarter. Greenline Partners LLC acquired a new position in Schwab U.S. TIPS ETF in the second quarter worth $45,303,000. Finally, Empower Advisory Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 5.1% during the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after purchasing an additional 857,417 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $25.73 on Wednesday. The business has a fifty day moving average of $26.07 and a 200-day moving average of $26.30. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96.

About Schwab U.S. TIPS ETF

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.