Fagan Associates Inc. Boosts Stake in Schwab U.S. TIPs ETF (SCHP)

Fagan Associates Inc. grew its position in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 14.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 17,382 shares of the company’s stock after acquiring an additional 2,245 shares during the quarter. Fagan Associates Inc.’s holdings in Schwab U.S. TIPs ETF were worth $938,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. boosted its position in shares of Schwab U.S. TIPs ETF by 7.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 14,375 shares of the company’s stock valued at $789,000 after acquiring an additional 944 shares during the last quarter. Captrust Financial Advisors lifted its position in Schwab U.S. TIPs ETF by 80.8% in the second quarter. Captrust Financial Advisors now owns 2,155 shares of the company’s stock worth $118,000 after buying an additional 963 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Schwab U.S. TIPs ETF by 57.7% in the first quarter. The Manufacturers Life Insurance Company now owns 2,792 shares of the company’s stock worth $153,000 after buying an additional 1,021 shares during the last quarter. OLD National Bancorp IN lifted its position in Schwab U.S. TIPs ETF by 0.9% in the second quarter. OLD National Bancorp IN now owns 115,904 shares of the company’s stock worth $6,365,000 after buying an additional 1,043 shares during the last quarter. Finally, Foothills Asset Management Ltd. lifted its position in Schwab U.S. TIPs ETF by 2.2% in the second quarter. Foothills Asset Management Ltd. now owns 49,634 shares of the company’s stock worth $2,725,000 after buying an additional 1,062 shares during the last quarter.

Shares of SCHP opened at $52.92 on Friday. Schwab U.S. TIPs ETF has a 52-week low of $52.75 and a 52-week high of $55.55.

The business also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were given a $0.0704 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $0.84 dividend on an annualized basis and a yield of 1.60%.

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

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