Schroder Investment Management Group Boosts Holdings in iShares TIPS Bond ETF (TIP)

Schroder Investment Management Group boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,493 shares of the exchange traded fund’s stock after buying an additional 1,446 shares during the period. Schroder Investment Management Group’s holdings in iShares TIPS Bond ETF were worth $5,810,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TIP. Asset Management One Co. Ltd. purchased a new stake in iShares TIPS Bond ETF during the 1st quarter worth approximately $226,000. Allianz Asset Management GmbH grew its position in shares of iShares TIPS Bond ETF by 667.8% in the first quarter. Allianz Asset Management GmbH now owns 39,072 shares of the exchange traded fund’s stock valued at $4,418,000 after purchasing an additional 33,983 shares in the last quarter. Natixis grew its position in shares of iShares TIPS Bond ETF by 26.9% in the first quarter. Natixis now owns 11,176 shares of the exchange traded fund’s stock valued at $1,255,000 after purchasing an additional 2,372 shares in the last quarter. Guggenheim Capital LLC grew its position in shares of iShares TIPS Bond ETF by 4.5% in the first quarter. Guggenheim Capital LLC now owns 133,629 shares of the exchange traded fund’s stock valued at $15,107,000 after purchasing an additional 5,793 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares TIPS Bond ETF by 40.3% in the first quarter. Royal Bank of Canada now owns 621,791 shares of the exchange traded fund’s stock valued at $70,295,000 after purchasing an additional 178,452 shares in the last quarter.

TIP stock opened at $109.17 on Friday. iShares TIPS Bond ETF has a 1 year low of $109.16 and a 1 year high of $114.38.

The business also recently declared a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were given a $0.1015 dividend. The ex-dividend date of this dividend was Monday, October 1st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.12%.

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).

Further Reading: 52-Week High/Low

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

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