Stokes Capital Advisors LLC Raises Stock Holdings in Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

Stokes Capital Advisors LLC boosted its holdings in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 18.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,255 shares of the company’s stock after purchasing an additional 3,700 shares during the quarter. Stokes Capital Advisors LLC’s holdings in Schwab U.S. TIPs ETF were worth $1,495,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Advisor Group Holdings Inc. purchased a new position in shares of Schwab U.S. TIPs ETF in the first quarter valued at approximately $8,106,000. Royal Bank of Canada lifted its position in shares of Schwab U.S. TIPs ETF by 314.7% in the first quarter. Royal Bank of Canada now owns 608,182 shares of the company’s stock valued at $34,977,000 after acquiring an additional 461,531 shares in the last quarter. UBS Group AG lifted its position in shares of Schwab U.S. TIPs ETF by 9.0% in the second quarter. UBS Group AG now owns 5,237,432 shares of the company’s stock valued at $314,351,000 after acquiring an additional 434,231 shares in the last quarter. Brandywine Oak Private Wealth LLC purchased a new position in shares of Schwab U.S. TIPs ETF in the second quarter valued at approximately $24,941,000. Finally, Alesco Advisors LLC lifted its position in shares of Schwab U.S. TIPs ETF by 125.5% in the second quarter. Alesco Advisors LLC now owns 657,126 shares of the company’s stock valued at $39,441,000 after acquiring an additional 365,735 shares in the last quarter.

NYSEARCA SCHP opened at $61.57 on Friday. The stock’s 50 day simple moving average is $61.56 and its 200-day simple moving average is $60.30. Schwab U.S. TIPs ETF has a 1-year low of $52.57 and a 1-year high of $62.01.

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

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