Schwab U.S. TIPs ETF Sees Notable $406.2 Million Inflow
In the latest analysis of week-over-week changes in shares outstanding among various ETFs, the Schwab U.S. TIPs ETF (Symbol: SCHP) has emerged as a significant performer. This fund has experienced an inflow of approximately $406.2 million, resulting in a 3.2% rise in outstanding units—from 482,700,000 to 498,000,000.
The accompanying chart illustrates the one-year price performance of SCHP alongside its 200-day moving average:
As demonstrated in the chart, SCHP recorded a 52-week low of $25.46 per share, while its 52-week high reached $27.06. The most recent trade price stands at $26.57. Investors can utilize the comparison of the current share price to the 200-day moving average as a technical analysis tool—further insights on this method are available here.
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When considering exchange traded funds (ETFs), it’s important to note that they trade similarly to stocks. However, investors buy and sell “units” instead of traditional shares. These units can be readily traded, but they can also be created or destroyed to meet investor demand. Each week, we analyze changes in shares outstanding to identify ETFs undergoing significant inflows (which means new units are created) or outflows (which implies old units are retired). The creation of new units necessitates purchasing the underlying assets of the ETF, while the destruction of units involves selling these assets, leading to potential impacts on the individual components within the ETFs.
Click here to discover which additional 9 ETFs experienced notable inflows »
Also see:
• Funds Holding BRIF
• SSR Historical Stock Prices
• EU Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
