Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Sees Large Volume Increase

Schwab U.S. TIPS ETF (NYSEARCA:SCHPGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 4,182,821 shares traded hands during trading, an increase of 233% from the previous session’s volume of 1,254,698 shares.The stock last traded at $51.97 and had previously closed at $52.06.

Schwab U.S. TIPS ETF Trading Down 0.1 %

The firm has a 50-day moving average of $51.62 and a two-hundred day moving average of $51.78.

Institutional Investors Weigh In On Schwab U.S. TIPS ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 327.1% during the fourth quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after purchasing an additional 10,251,581 shares in the last quarter. Perella Weinberg Partners Capital Management LP bought a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $103,053,000. Nepc LLC bought a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $78,399,000. UBS Group AG increased its position in Schwab U.S. TIPS ETF by 92.8% in the 4th quarter. UBS Group AG now owns 1,743,378 shares of the company’s stock valued at $91,004,000 after acquiring an additional 838,923 shares during the period. Finally, Korea Investment CORP bought a new position in shares of Schwab U.S. TIPS ETF during the third quarter valued at $29,284,000.

About Schwab U.S. TIPS ETF

(Get Free Report)

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.

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