iShares TIPS Bond ETF (TIP) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 99,996 shares of the exchange traded fund’s stock after selling 1,108 shares during the period. Private Advisor Group LLC’s holdings in iShares TIPS Bond ETF were worth $11,342,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter worth about $116,000. BB&T Investment Services Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter worth about $133,000. Capital Directions Investment Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 49.0% during the second quarter. Capital Directions Investment Advisors LLC now owns 1,252 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 412 shares during the last quarter. Mountain Capital Investment Advisors Inc grew its stake in shares of iShares TIPS Bond ETF by 612.9% during the third quarter. Mountain Capital Investment Advisors Inc now owns 1,326 shares of the exchange traded fund’s stock worth $151,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 1.5% during the second quarter. Sequoia Financial Advisors LLC now owns 1,820 shares of the exchange traded fund’s stock worth $206,000 after acquiring an additional 27 shares during the last quarter.

Shares of iShares TIPS Bond ETF (TIP) traded down $0.07 during mid-day trading on Monday, hitting $113.61. The stock had a trading volume of 3,198,200 shares, compared to its average volume of 1,252,380. iShares TIPS Bond ETF has a 1-year low of $110.90 and a 1-year high of $115.46.

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Monday, December 4th will be paid a dividend of $0.5011 per share. This is a positive change 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 dividend on an annualized basis and a dividend yield of 5.29%. iShares TIPS Bond ETF’s payout ratio is presently 78.63%.

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iShares TIPS Bond ETF 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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