iShares TIPS Bond ETF (TIP) Holdings Trimmed by Ballentine Partners LLC

Ballentine Partners LLC trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,368 shares of the exchange traded fund’s stock after selling 2,066 shares during the quarter. Ballentine Partners LLC’s holdings in iShares TIPS Bond ETF were worth $4,576,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TIP. Charles Schwab Investment Advisory Inc. boosted its holdings in iShares TIPS Bond ETF by 870.2% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 4,746,795 shares of the exchange traded fund’s stock valued at $535,771,000 after purchasing an additional 4,257,533 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in iShares TIPS Bond ETF in the 2nd quarter valued at about $2,963,000. Cornerstone Wealth Management LLC boosted its holdings in iShares TIPS Bond ETF by 11,422.3% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,412,513 shares of the exchange traded fund’s stock valued at $12,558,000 after purchasing an additional 1,400,254 shares during the last quarter. Bank of Montreal Can acquired a new position in iShares TIPS Bond ETF in the 2nd quarter valued at about $60,516,000. Finally, TIAA FSB boosted its holdings in iShares TIPS Bond ETF by 3.4% in the 3rd quarter. TIAA FSB now owns 15,617,942 shares of the exchange traded fund’s stock valued at $1,727,656,000 after purchasing an additional 511,833 shares during the last quarter.

NYSEARCA:TIP traded down $0.16 on Tuesday, hitting $109.23. The stock had a trading volume of 479,323 shares, compared to its average volume of 1,439,813. iShares TIPS Bond ETF has a 1-year low of $108.91 and a 1-year high of $114.38.

The company also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were issued a $0.1015 dividend. The ex-dividend date of this dividend was Monday, October 1st. This represents a $1.22 annualized dividend and a yield of 1.11%.

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

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