Congress Wealth Management LLC DE Acquires New Stake in Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

Congress Wealth Management LLC DE acquired a new stake in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 57,894 shares of the company’s stock, valued at approximately $3,641,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. boosted its holdings in Schwab U.S. TIPs ETF by 0.6% during the third quarter. Franklin Resources Inc. now owns 4,529,605 shares of the company’s stock worth $283,463,000 after buying an additional 26,070 shares in the last quarter. BlueSky Wealth Advisors LLC boosted its holdings in Schwab U.S. TIPs ETF by 550.7% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 3,882,258 shares of the company’s stock worth $244,155,000 after buying an additional 3,285,643 shares in the last quarter. Temasek Holdings Private Ltd boosted its holdings in Schwab U.S. TIPs ETF by 175.8% during the third quarter. Temasek Holdings Private Ltd now owns 3,782,740 shares of the company’s stock worth $236,724,000 after buying an additional 2,411,340 shares in the last quarter. NextCapital Advisers Inc. boosted its holdings in Schwab U.S. TIPs ETF by 6.7% during the fourth quarter. NextCapital Advisers Inc. now owns 3,452,695 shares of the company’s stock worth $217,485,000 after buying an additional 217,331 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Schwab U.S. TIPs ETF by 3.2% during the third quarter. UBS Group AG now owns 3,063,041 shares of the company’s stock worth $191,685,000 after buying an additional 96,402 shares in the last quarter.

Schwab U.S. TIPs ETF stock traded down $0.03 during midday trading on Friday, reaching $59.23. The stock had a trading volume of 7,784,550 shares, compared to its average volume of 5,128,794. The firm has a fifty day moving average of $60.90. Schwab U.S. TIPs ETF has a twelve month low of $59.06 and a twelve month high of $64.15.

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