BNP Paribas Arbitrage SA Has $4.22 Million Position in iShares TIPS Bond ETF (TIP)

BNP Paribas Arbitrage SA lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 60.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,168 shares of the exchange traded fund’s stock after buying an additional 13,963 shares during the period. BNP Paribas Arbitrage SA’s holdings in iShares TIPS Bond ETF were worth $4,222,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Advisor Partners LLC raised its holdings in iShares TIPS Bond ETF by 0.8% during the second quarter. Advisor Partners LLC now owns 2,083 shares of the exchange traded fund’s stock worth $236,000 after acquiring an additional 16 shares in the last quarter. BSW Wealth Partners raised its holdings in iShares TIPS Bond ETF by 0.6% during the second quarter. BSW Wealth Partners now owns 2,851 shares of the exchange traded fund’s stock worth $323,000 after acquiring an additional 17 shares in the last quarter. Kingfisher Capital LLC raised its stake in iShares TIPS Bond ETF by 0.3% in the second quarter. Kingfisher Capital LLC now owns 6,163 shares of the exchange traded fund’s stock valued at $699,000 after buying an additional 19 shares during the period. Sequoia Financial Advisors LLC raised its stake in iShares TIPS Bond ETF by 1.5% in the second quarter. Sequoia Financial Advisors LLC now owns 1,820 shares of the exchange traded fund’s stock valued at $206,000 after buying an additional 27 shares during the period. Finally, Fort Pitt Capital Group LLC raised its stake in iShares TIPS Bond ETF by 1.4% in the second quarter. Fort Pitt Capital Group LLC now owns 2,455 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 33 shares during the period.

iShares TIPS Bond ETF (TIP) traded up $0.04 during trading hours on Monday, reaching $113.65. The company’s stock had a trading volume of 1,814,138 shares, compared to its average volume of 1,254,791. iShares TIPS Bond ETF has a 12-month low of $110.90 and a 12-month high of $115.46.

The company also recently announced a monthly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Monday, December 4th will be given a $0.5011 dividend. This is an increase from iShares TIPS Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Friday, December 1st. This represents a $6.01 annualized dividend and a dividend yield of 5.29%. iShares TIPS Bond ETF’s dividend payout ratio is presently 78.63%.

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iShares TIPS Bond ETF Company Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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