Fifth Third Bancorp Has $67.42 Million Stake in Schwab U.S. TIPs ETF (SCHP)

Fifth Third Bancorp lifted its position in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 20.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,249,346 shares of the company’s stock after purchasing an additional 211,451 shares during the quarter. Fifth Third Bancorp owned 1.15% of Schwab U.S. TIPs ETF worth $67,415,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHP. Charles Schwab Investment Advisory Inc. grew its stake in Schwab U.S. TIPs ETF by 559.1% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 39,916,530 shares of the company’s stock valued at $2,191,818,000 after acquiring an additional 33,860,337 shares during the period. JPMorgan Chase & Co. grew its stake in Schwab U.S. TIPs ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,118,716 shares of the company’s stock valued at $492,046,000 after acquiring an additional 101,576 shares during the period. US Bancorp DE grew its stake in Schwab U.S. TIPs ETF by 14.4% in the 3rd quarter. US Bancorp DE now owns 3,619,992 shares of the company’s stock valued at $195,335,000 after acquiring an additional 455,720 shares during the period. Madison Investment Holdings Inc. grew its stake in Schwab U.S. TIPs ETF by 34.0% in the 2nd quarter. Madison Investment Holdings Inc. now owns 1,819,614 shares of the company’s stock valued at $99,915,000 after acquiring an additional 461,615 shares during the period. Finally, Voya Investment Management LLC grew its stake in Schwab U.S. TIPs ETF by 2,016.2% in the 2nd quarter. Voya Investment Management LLC now owns 1,247,126 shares of the company’s stock valued at $68,480,000 after acquiring an additional 1,188,194 shares during the period.

Schwab U.S. TIPs ETF stock opened at $53.41 on Friday. Schwab U.S. TIPs ETF has a 1 year low of $52.75 and a 1 year high of $55.53.

The business also recently declared a monthly dividend, which will be paid on Friday, December 7th. Investors of record on Tuesday, December 4th will be paid a $0.0795 dividend. The ex-dividend date is Monday, December 3rd. This represents a $0.95 dividend on an annualized basis and a yield of 1.79%. This is a boost from Schwab U.S. TIPs ETF’s previous monthly dividend of $0.07.

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

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