Focus Financial Network Inc. Has $8.85 Million Holdings in Schwab U.S. TIPS ETF $SCHP

Focus Financial Network Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 9.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 328,491 shares of the company’s stock after purchasing an additional 27,380 shares during the period. Focus Financial Network Inc.’s holdings in Schwab U.S. TIPS ETF were worth $8,853,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 4.9% during the second quarter. Empower Advisory Group LLC now owns 42,677,764 shares of the company’s stock worth $1,138,643,000 after purchasing an additional 2,007,959 shares during the period. Wealthfront Advisers LLC increased its stake in Schwab U.S. TIPS ETF by 13.3% during the 2nd quarter. Wealthfront Advisers LLC now owns 31,970,077 shares of the company’s stock worth $852,962,000 after purchasing an additional 3,749,147 shares in the last quarter. Sei Investments Co. raised its holdings in Schwab U.S. TIPS ETF by 2.7% during the 2nd quarter. Sei Investments Co. now owns 11,365,614 shares of the company’s stock worth $303,230,000 after buying an additional 295,901 shares during the period. Lincoln National Corp lifted its stake in Schwab U.S. TIPS ETF by 2.6% in the second quarter. Lincoln National Corp now owns 8,207,688 shares of the company’s stock valued at $218,981,000 after buying an additional 207,635 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Schwab U.S. TIPS ETF by 2.9% in the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after buying an additional 223,281 shares in the last quarter.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

Get Our Latest Stock Report on SCHP

Schwab U.S. TIPS ETF Stock Down 0.9%

NYSEARCA:SCHP opened at $26.48 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The stock’s 50 day moving average price is $26.86 and its two-hundred day moving average price is $26.76.

About Schwab U.S. TIPS ETF

(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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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 – Free Report).