Claro Advisors LLC Has $1.03 Million Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Claro Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 75.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,760 shares of the company’s stock after acquiring an additional 8,509 shares during the quarter. Claro Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. boosted its position in Schwab U.S. TIPS ETF by 2.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 17,919,530 shares of the company’s stock valued at $934,683,000 after acquiring an additional 393,715 shares during the last quarter. Sei Investments Co. boosted its position in shares of Schwab U.S. TIPS ETF by 1.5% during the 1st quarter. Sei Investments Co. now owns 5,321,158 shares of the company’s stock valued at $277,552,000 after purchasing an additional 76,063 shares in the last quarter. Lincoln National Corp grew its stake in Schwab U.S. TIPS ETF by 18,532.4% during the second quarter. Lincoln National Corp now owns 4,087,949 shares of the company’s stock worth $212,614,000 after purchasing an additional 4,066,009 shares during the period. Nepc LLC increased its holdings in Schwab U.S. TIPS ETF by 71.9% in the first quarter. Nepc LLC now owns 2,582,031 shares of the company’s stock worth $134,679,000 after purchasing an additional 1,080,131 shares in the last quarter. Finally, CENTRAL TRUST Co increased its holdings in Schwab U.S. TIPS ETF by 11.6% in the first quarter. CENTRAL TRUST Co now owns 2,580,233 shares of the company’s stock worth $134,585,000 after purchasing an additional 268,632 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock traded down $0.18 on Friday, reaching $52.93. 572,835 shares of the company’s stock were exchanged, compared to its average volume of 1,195,481. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $53.28. The firm’s 50-day moving average is $52.47 and its two-hundred day moving average is $51.99.

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.