IFG Advisory LLC increased its position in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 10.0% during the third quarter, Holdings Channel reports. The fund owned 11,780 shares of the company’s stock after acquiring an additional 1,074 shares during the quarter. IFG Advisory LLC’s holdings in Schwab U.S. TIPs ETF were worth $637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Captrust Financial Advisors raised its stake in Schwab U.S. TIPs ETF by 80.8% during the second quarter. Captrust Financial Advisors now owns 2,155 shares of the company’s stock worth $118,000 after purchasing an additional 963 shares during the period. The Manufacturers Life Insurance Company raised its stake in Schwab U.S. TIPs ETF by 57.7% during the first quarter. The Manufacturers Life Insurance Company now owns 2,792 shares of the company’s stock worth $153,000 after purchasing an additional 1,021 shares during the period. Financial Gravity Wealth Inc. purchased a new position in Schwab U.S. TIPs ETF during the third quarter worth approximately $156,000. Appleton Group LLC purchased a new position in Schwab U.S. TIPs ETF during the second quarter worth approximately $201,000. Finally, APCM Wealth Management for Individuals purchased a new position in Schwab U.S. TIPs ETF during the second quarter worth approximately $208,000.

NYSEARCA:SCHP opened at $52.92 on Friday. Schwab U.S. TIPs ETF has a fifty-two week low of $52.75 and a fifty-two week high of $55.55.

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

COPYRIGHT VIOLATION NOTICE: “IFG Advisory LLC Has $637,000 Position in Schwab U.S. TIPs ETF (SCHP)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/11/10/ifg-advisory-llc-has-637000-position-in-schwab-u-s-tips-etf-schp.html.

Recommended Story: What does RSI mean?

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)

Receive News & Ratings for Schwab U.S. TIPs ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPs ETF and related companies with MarketBeat.com's FREE daily email newsletter.