Horan Capital Management raised its stake in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 1.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 makes up approximately 1.9% of Horan Capital Management’s investment portfolio, making the stock its 18th largest position. Horan Capital Management owned about 0.18% of Schwab U.S. TIPs ETF worth $10,502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of SCHP. Prime Capital Investment Advisors LLC purchased a new stake in Schwab U.S. TIPs ETF in the 4th quarter valued at $35,000. Parallel Advisors LLC grew its holdings in shares of Schwab U.S. TIPs ETF by 15.2% during the 4th quarter. Parallel Advisors LLC now owns 1,445 shares of the company’s stock worth $76,000 after purchasing an additional 191 shares during the period. TCI Wealth Advisors Inc. grew its holdings in shares of Schwab U.S. TIPs ETF by 124.8% during the 4th quarter. TCI Wealth Advisors Inc. now owns 1,439 shares of the company’s stock worth $77,000 after purchasing an additional 799 shares during the period. Deutsche Bank AG purchased a new position in shares of Schwab U.S. TIPs ETF during the 4th quarter worth $102,000. Finally, Financial Advocates Investment Management grew its holdings in shares of Schwab U.S. TIPs ETF by 6.4% during the 4th quarter. Financial Advocates Investment Management now owns 3,663 shares of the company’s stock worth $110,000 after purchasing an additional 220 shares during the period.

Shares of NYSEARCA SCHP traded up $0.04 during mid-day trading on Monday, reaching $54.82. 290,001 shares of the company’s stock were exchanged, compared to its average volume of 542,203. Schwab U.S. TIPs ETF has a 52-week low of $52.75 and a 52-week high of $55.13.

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

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