Capital Wealth Management LLC Has $999,000 Stake in Schwab U.S. TIPs ETF (SCHP)

Capital Wealth Management LLC raised its stake in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 32.4% in the 1st quarter, Holdings Channel reports. The firm owned 18,171 shares of the company’s stock after purchasing an additional 4,448 shares during the quarter. Schwab U.S. TIPs ETF comprises 1.0% of Capital Wealth Management LLC’s portfolio, making the stock its 19th largest position. Capital Wealth Management LLC’s holdings in Schwab U.S. TIPs ETF were worth $999,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Prime Capital Investment Advisors LLC acquired a new position in Schwab U.S. TIPs ETF during the fourth quarter worth approximately $35,000. Lenox Wealth Management Inc. increased its position in Schwab U.S. TIPs ETF by 83.1% during the first quarter. Lenox Wealth Management Inc. now owns 782 shares of the company’s stock worth $43,000 after purchasing an additional 355 shares during the last quarter. Cedar Wealth Management LLC increased its position in Schwab U.S. TIPs ETF by 7,562.5% during the first quarter. Cedar Wealth Management LLC now owns 1,226 shares of the company’s stock worth $67,000 after purchasing an additional 1,210 shares during the last quarter. TCI Wealth Advisors Inc. increased its position in Schwab U.S. TIPs ETF by 124.8% during the fourth 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 last quarter. Finally, Parallel Advisors LLC increased its position in Schwab U.S. TIPs ETF by 15.2% during the fourth 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 last quarter.

SCHP stock traded up $0.13 on Wednesday, hitting $55.35. 7,283 shares of the company were exchanged, compared to its average volume of 557,037. Schwab U.S. TIPs ETF has a twelve month low of $52.75 and a twelve month high of $55.29.



The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.0374 per share. This represents a $0.45 annualized dividend and a yield of 0.81%. The ex-dividend date was Wednesday, May 1st.

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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPs ETF (NYSEARCA:SCHP).

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

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