Portfolio Solutions LLC trimmed its holdings in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 39.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,945 shares of the company’s stock after selling 4,465 shares during the quarter. Schwab U.S. TIPs ETF comprises 0.1% of Portfolio Solutions LLC’s portfolio, making the stock its 27th biggest holding. Portfolio Solutions LLC’s holdings in Schwab U.S. TIPs ETF were worth $373,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Hawaiian Bank acquired a new stake in Schwab U.S. TIPs ETF in the third quarter worth about $1,087,000. Bank of Montreal Can increased its position in Schwab U.S. TIPs ETF by 51.3% in the third quarter. Bank of Montreal Can now owns 22,470 shares of the company’s stock worth $1,213,000 after purchasing an additional 7,620 shares during the period. Financial Life Advisors increased its position in Schwab U.S. TIPs ETF by 1.4% in the third quarter. Financial Life Advisors now owns 171,843 shares of the company’s stock worth $9,273,000 after purchasing an additional 2,428 shares during the period. Elmwood Wealth Management Inc. acquired a new stake in Schwab U.S. TIPs ETF in the third quarter worth about $511,000. Finally, BlueSky Wealth Advisors LLC increased its position in Schwab U.S. TIPs ETF by 2.8% in the third quarter. BlueSky Wealth Advisors LLC now owns 132,427 shares of the company’s stock worth $7,068,000 after purchasing an additional 3,647 shares during the period.

SCHP stock traded down $0.03 during midday trading on Tuesday, reaching $53.37. The stock had a trading volume of 7,521 shares, compared to its average volume of 606,742. Schwab U.S. TIPs ETF has a twelve month low of $53.22 and a twelve month high of $55.60.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a $0.0929 dividend. The ex-dividend date was Monday, October 1st. This represents a $1.11 dividend on an annualized basis and a yield of 2.09%.

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

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