Taylor Cottrill Erickson & Associates Inc. Increases Stake in Schwab U.S. TIPs ETF (SCHP)

Taylor Cottrill Erickson & Associates Inc. lifted its stake in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 18.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,308 shares of the company’s stock after purchasing an additional 1,290 shares during the period. Taylor Cottrill Erickson & Associates Inc.’s holdings in Schwab U.S. TIPs ETF were worth $456,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Cambria Investment Management L.P. lifted its position in shares of Schwab U.S. TIPs ETF by 10.9% during the second quarter. Cambria Investment Management L.P. now owns 37,732 shares of the company’s stock worth $2,072,000 after purchasing an additional 3,695 shares in the last quarter. Watch Point Trust Co acquired a new position in Schwab U.S. TIPs ETF in the second quarter valued at approximately $972,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab U.S. TIPs ETF by 9.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 607,826 shares of the company’s stock valued at $33,388,000 after buying an additional 50,000 shares during the period. Horan Capital Management acquired a new position in Schwab U.S. TIPs ETF in the second quarter valued at approximately $10,588,000. Finally, Financial Consulate Inc. lifted its holdings in Schwab U.S. TIPs ETF by 8.2% in the second quarter. Financial Consulate Inc. now owns 16,172 shares of the company’s stock valued at $888,000 after buying an additional 1,229 shares during the period.

NYSEARCA SCHP traded down $0.03 during trading hours on Monday, hitting $54.42. The company’s stock had a trading volume of 3,383 shares, compared to its average volume of 600,380. Schwab U.S. TIPs ETF has a twelve month low of $54.02 and a twelve month high of $56.10.



The firm also recently disclosed a monthly dividend, which was paid on Monday, July 9th. Investors of record on Tuesday, July 3rd were issued a $0.1441 dividend. This is a positive change from Schwab U.S. TIPs ETF’s previous monthly dividend of $0.12. This represents a $1.73 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Monday, July 2nd.

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

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