Q3 Asset Management bought a new position in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 55,775 shares of the company’s stock, valued at approximately $3,062,000. Schwab U.S. TIPs ETF makes up 3.4% of Q3 Asset Management’s holdings, making the stock its 16th largest position. Q3 Asset Management owned 0.05% of Schwab U.S. TIPs ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SCHP. Raymond James & Associates bought a new stake in Schwab U.S. TIPs ETF during the 4th quarter worth about $1,627,000. FDx Advisors Inc. lifted its position in Schwab U.S. TIPs ETF by 7.2% during the 1st quarter. FDx Advisors Inc. now owns 71,542 shares of the company’s stock valued at $3,926,000 after purchasing an additional 4,812 shares during the period. Wells Fargo & Company MN lifted its position in Schwab U.S. TIPs ETF by 4.4% during the 1st quarter. Wells Fargo & Company MN now owns 185,964 shares of the company’s stock valued at $10,206,000 after purchasing an additional 7,798 shares during the period. Wooster Corthell Wealth Management Inc. acquired a new position in Schwab U.S. TIPs ETF during the 1st quarter valued at about $15,797,000. Finally, Cutler Investment Counsel LLC lifted its position in Schwab U.S. TIPs ETF by 1,898.4% during the 1st quarter. Cutler Investment Counsel LLC now owns 206,837 shares of the company’s stock valued at $11,351,000 after purchasing an additional 196,487 shares during the period.

Schwab U.S. TIPs ETF stock opened at $54.54 on Friday. Schwab U.S. TIPs ETF has a 1 year low of $54.02 and a 1 year high of $56.10.

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were given a dividend of $0.2099 per share. The ex-dividend date was Wednesday, August 1st. This is an increase from Schwab U.S. TIPs ETF’s previous monthly dividend of $0.14. This represents a $2.52 dividend on an annualized basis and a yield of 4.62%.

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

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