Psagot Investment House Ltd. lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 61.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,521 shares of the exchange traded fund’s stock after selling 10,433 shares during the quarter. Psagot Investment House Ltd.’s holdings in iShares TIPS Bond ETF were worth $737,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of TIP. JPMorgan Chase & Co. grew its stake in iShares TIPS Bond ETF by 33.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,857,316 shares of the exchange traded fund’s stock worth $1,090,415,000 after purchasing an additional 2,458,976 shares in the last quarter. Ellis Investment Partners LLC lifted its holdings in iShares TIPS Bond ETF by 11,486.3% during the 1st quarter. Ellis Investment Partners LLC now owns 2,341,131 shares of the exchange traded fund’s stock worth $2,341,000 after buying an additional 2,320,925 shares during the last quarter. 3EDGE Asset Management LP purchased a new stake in iShares TIPS Bond ETF during the 4th quarter worth about $79,186,000. SG Americas Securities LLC lifted its holdings in iShares TIPS Bond ETF by 698.5% during the 4th quarter. SG Americas Securities LLC now owns 306,898 shares of the exchange traded fund’s stock worth $33,608,000 after buying an additional 268,466 shares during the last quarter. Finally, INR Advisory Services LLC lifted its holdings in iShares TIPS Bond ETF by 99.6% during the 3rd quarter. INR Advisory Services LLC now owns 384,742 shares of the exchange traded fund’s stock worth $42,560,000 after buying an additional 192,001 shares during the last quarter.
NYSEARCA TIP traded up $0.04 during trading on Wednesday, reaching $113.48. 725,100 shares of the company’s stock were exchanged, compared to its average volume of 1,252,262. iShares TIPS Bond ETF has a 1 year low of $107.53 and a 1 year high of $113.84.
The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a $0.0348 dividend. This represents a $0.42 annualized dividend and a dividend yield of 0.37%. The ex-dividend date was Wednesday, May 1st.
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About iShares TIPS Bond ETF
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).
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