Janney Montgomery Scott LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,886 shares of the exchange traded fund’s stock after selling 1,239 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares TIPS Bond ETF were worth $5,188,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of TIP. Diversified Portfolios Inc. increased its holdings in iShares TIPS Bond ETF by 1.8% during the fourth quarter. Diversified Portfolios Inc. now owns 6,062 shares of the exchange traded fund’s stock valued at $664,000 after buying an additional 105 shares during the period. Nikulski Financial Inc. grew its holdings in iShares TIPS Bond ETF by 1.4% in the fourth quarter. Nikulski Financial Inc. now owns 8,274 shares of the exchange traded fund’s stock worth $906,000 after purchasing an additional 111 shares during the last quarter. Lcnb Corp grew its holdings in iShares TIPS Bond ETF by 2.4% in the fourth quarter. Lcnb Corp now owns 4,890 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 114 shares during the last quarter. Raymond James Trust N.A. grew its holdings in iShares TIPS Bond ETF by 0.6% in the first quarter. Raymond James Trust N.A. now owns 22,827 shares of the exchange traded fund’s stock worth $2,581,000 after purchasing an additional 129 shares during the last quarter. Finally, Brio Consultants LLC grew its holdings in iShares TIPS Bond ETF by 0.5% in the first quarter. Brio Consultants LLC now owns 30,943 shares of the exchange traded fund’s stock worth $3,499,000 after purchasing an additional 145 shares during the last quarter.
NYSEARCA TIP traded up $0.20 on Wednesday, hitting $114.17. The stock had a trading volume of 1,552,615 shares, compared to its average volume of 1,252,262. iShares TIPS Bond ETF has a 52-week low of $107.53 and a 52-week high of $113.84.
The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.0348 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend was Wednesday, May 1st.
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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).
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