Wells Fargo & Company MN Has $13.71 Million Position in Schwab U.S. TIPs ETF (SCHP)

Wells Fargo & Company MN increased its stake in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 30.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 254,105 shares of the company’s stock after buying an additional 58,977 shares during the quarter. Wells Fargo & Company MN owned about 0.23% of Schwab U.S. TIPs ETF worth $13,711,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its position in Schwab U.S. TIPs ETF by 3.1% during the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 79,000 shares of the company’s stock worth $4,338,000 after buying an additional 2,346 shares in the last quarter. Horan Capital Management increased its stake in Schwab U.S. TIPs ETF by 0.7% during the third quarter. Horan Capital Management now owns 194,247 shares of the company’s stock worth $10,481,000 after acquiring an additional 1,416 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Schwab U.S. TIPs ETF by 16.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 707,450 shares of the company’s stock worth $37,689,000 after acquiring an additional 99,624 shares during the last quarter. Madison Investment Holdings Inc. increased its stake in Schwab U.S. TIPs ETF by 34.0% during the second quarter. Madison Investment Holdings Inc. now owns 1,819,614 shares of the company’s stock worth $99,915,000 after acquiring an additional 461,615 shares during the last quarter. Finally, Lutz Financial Services LLC increased its stake in Schwab U.S. TIPs ETF by 7.9% during the second quarter. Lutz Financial Services LLC now owns 71,125 shares of the company’s stock worth $3,905,000 after acquiring an additional 5,213 shares during the last quarter.

SCHP stock opened at $53.48 on Friday. Schwab U.S. TIPs ETF has a 52-week low of $52.75 and a 52-week high of $55.50.

The firm also recently announced a monthly dividend, which was paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th were paid a dividend of $0.0795 per share. This is a boost from Schwab U.S. TIPs ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, December 3rd. This represents a $0.95 annualized dividend and a yield of 1.78%.

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

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