Horan Capital Management Grows Position in Schwab U.S. TIPs ETF (SCHP)

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Horan Capital Management increased its position in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 1.9% during the first quarter, Holdings Channel reports. The institutional investor owned 190,959 shares of the company’s stock after buying an additional 3,603 shares during the quarter. Schwab U.S. TIPs ETF accounts for about 1.9% of Horan Capital Management’s holdings, making the stock its 18th biggest position. Horan Capital Management’s holdings in Schwab U.S. TIPs ETF were worth $10,502,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in Schwab U.S. TIPs ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 9,118,716 shares of the company’s stock worth $492,046,000 after purchasing an additional 101,576 shares during the last quarter. BlackRock Inc. boosted its holdings in Schwab U.S. TIPs ETF by 62.8% in the third quarter. BlackRock Inc. now owns 12,602 shares of the company’s stock worth $680,000 after purchasing an additional 4,859 shares during the last quarter. LPL Financial LLC boosted its holdings in Schwab U.S. TIPs ETF by 7.5% in the third quarter. LPL Financial LLC now owns 180,336 shares of the company’s stock worth $9,731,000 after purchasing an additional 12,506 shares during the last quarter. Jane Street Group LLC purchased a new stake in Schwab U.S. TIPs ETF in the third quarter worth approximately $521,000. Finally, Advisors Asset Management Inc. boosted its holdings in Schwab U.S. TIPs ETF by 161.3% in the third quarter. Advisors Asset Management Inc. now owns 2,404 shares of the company’s stock worth $130,000 after purchasing an additional 1,484 shares during the last quarter.

SCHP stock traded up $0.04 on Monday, hitting $54.82. The company had a trading volume of 290,001 shares, compared to its average volume of 542,203. Schwab U.S. TIPs ETF has a 12-month low of $52.75 and a 12-month high of $55.13.

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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPs ETF (NYSEARCA:SCHP).

Institutional Ownership by Quarter for Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

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