iShares TIPS Bond ETF (TIP) Position Increased by Brighton Jones LLC
Brighton Jones LLC increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,407 shares of the exchange traded fund’s stock after purchasing an additional 945 shares during the period. Brighton Jones LLC’s holdings in iShares TIPS Bond ETF were worth $2,204,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $116,000. BB&T Investment Services Inc. acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter worth approximately $133,000. Capital Directions Investment Advisors LLC boosted its stake in iShares TIPS Bond ETF by 49.0% in the 2nd quarter. Capital Directions Investment Advisors LLC now owns 1,252 shares of the exchange traded fund’s stock worth $142,000 after purchasing an additional 412 shares in the last quarter. Mountain Capital Investment Advisors Inc boosted its stake in iShares TIPS Bond ETF by 612.9% in the 3rd quarter. Mountain Capital Investment Advisors Inc now owns 1,326 shares of the exchange traded fund’s stock worth $151,000 after purchasing an additional 1,140 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in iShares TIPS Bond ETF by 1.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,820 shares of the exchange traded fund’s stock worth $206,000 after purchasing an additional 27 shares in the last quarter.
iShares TIPS Bond ETF (TIP) traded down $0.17 during mid-day trading on Tuesday, reaching $113.95. 569,400 shares of the company were exchanged, compared to its average volume of 1,253,456. iShares TIPS Bond ETF has a one year low of $110.90 and a one year high of $115.46.
The business also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were paid a $0.2177 dividend. The ex-dividend date was Wednesday, November 1st. This is a boost from iShares TIPS Bond ETF’s previous monthly dividend of $0.05. This represents a $2.61 dividend on an annualized basis and a yield of 2.29%. iShares TIPS Bond ETF’s dividend payout ratio (DPR) is 69.76%.
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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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