72,512 Shares in Schwab U.S. TIPs ETF (SCHP) Acquired by Hudock Capital Group LLC

Hudock Capital Group LLC purchased a new position in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 72,512 shares of the company’s stock, valued at approximately $3,981,000. Schwab U.S. TIPs ETF accounts for about 1.6% of Hudock Capital Group LLC’s portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. LVW Advisors LLC raised its position in Schwab U.S. TIPs ETF by 7.2% in the second quarter. LVW Advisors LLC now owns 51,200 shares of the company’s stock worth $2,811,000 after acquiring an additional 3,445 shares during the period. Bfsg LLC raised its position in Schwab U.S. TIPs ETF by 7.9% in the second quarter. Bfsg LLC now owns 106,206 shares of the company’s stock worth $5,832,000 after acquiring an additional 7,744 shares during the period. Commonwealth Equity Services LLC raised its position in Schwab U.S. TIPs ETF by 3.1% in the second quarter. Commonwealth Equity Services LLC now owns 70,736 shares of the company’s stock worth $3,884,000 after acquiring an additional 2,135 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Schwab U.S. TIPs ETF by 7.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 79,164 shares of the company’s stock worth $4,347,000 after acquiring an additional 5,320 shares during the period. Finally, Capital Wealth Management LLC bought a new position in Schwab U.S. TIPs ETF in the second quarter worth approximately $307,000.

Shares of SCHP stock opened at $54.18 on Thursday. Schwab U.S. TIPs ETF has a one year low of $54.02 and a one year high of $56.10.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 7th. Stockholders of record on Thursday, August 2nd will be given a dividend of $0.2099 per share. This represents a $2.52 annualized dividend and a dividend yield of 4.65%. This is an increase from Schwab U.S. TIPs ETF’s previous monthly dividend of $0.14. The ex-dividend date is Wednesday, August 1st.

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

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