Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Holdings Lifted by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,825 shares of the company’s stock after buying an additional 550 shares during the quarter. Arkadios Wealth Advisors’ holdings in Schwab U.S. TIPS ETF were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter worth about $2,373,000. Arvest Investments Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $4,515,000. Seed Wealth Management Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $2,375,000. Advisory Alpha LLC increased its stake in Schwab U.S. TIPS ETF by 1.8% during the fourth quarter. Advisory Alpha LLC now owns 442,510 shares of the company’s stock valued at $23,104,000 after acquiring an additional 7,707 shares during the period. Finally, Carolina Wealth Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 0.5% in the 4th quarter. Carolina Wealth Advisors LLC now owns 351,793 shares of the company’s stock valued at $18,364,000 after purchasing an additional 1,749 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.4 %

SCHP stock opened at $51.73 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $54.09. The business’s 50 day moving average is $51.84 and its 200-day moving average is $51.37.

Schwab U.S. TIPS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.0756 per share. The ex-dividend date of this dividend was Monday, April 1st.

Schwab U.S. TIPS ETF Company Profile

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.