First National Trust Co. boosted its holdings in shares of iShares TIPS Bond ETF (NYSE:TIP) by 15.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,888 shares of the exchange traded fund’s stock after purchasing an additional 1,627 shares during the quarter. First National Trust Co.’s holdings in iShares TIPS Bond ETF were worth $1,350,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in iShares TIPS Bond ETF during the 3rd quarter valued at approximately $116,000. BB&T Investment Services Inc. acquired a new position in shares of iShares TIPS Bond ETF during the second quarter valued at approximately $133,000. Capital Directions Investment Advisors LLC raised its holdings 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 valued at $142,000 after acquiring an additional 412 shares during the last quarter. Mountain Capital Investment Advisors Inc raised its holdings 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 valued at $151,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings 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 valued at $206,000 after acquiring an additional 27 shares during the last quarter.
Shares of iShares TIPS Bond ETF (NYSE TIP) traded up $0.02 during trading on Tuesday, hitting $113.72. The company’s stock had a trading volume of 18,332 shares. iShares TIPS Bond ETF has a fifty-two week low of $110.90 and a fifty-two week high of $115.46.
The company also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a dividend of $0.2177 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $2.61 dividend on an annualized basis and a dividend yield of 2.30%. This is a boost from iShares TIPS Bond ETF’s previous monthly dividend of $0.05.
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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).
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