Personal Capital Advisors Corp boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,814,987 shares of the exchange traded fund’s stock after purchasing an additional 146,044 shares during the period. iShares TIPS Bond ETF comprises 2.6% of Personal Capital Advisors Corp’s holdings, making the stock its 7th largest position. Personal Capital Advisors Corp owned about 0.86% of iShares TIPS Bond ETF worth $200,774,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of TIP. Valeo Financial Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $122,000. Integrated Investment Consultants LLC acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $127,000. New Capital Management LP acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $161,000. Clarus Wealth Advisors acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $197,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in iShares TIPS Bond ETF by 72.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,756 shares of the exchange traded fund’s stock valued at $198,000 after purchasing an additional 740 shares during the last quarter.
NYSEARCA:TIP traded up $0.31 during mid-day trading on Tuesday, hitting $109.53. The stock had a trading volume of 2,233,604 shares, compared to its average volume of 1,432,465. iShares TIPS Bond ETF has a twelve month low of $109.19 and a twelve month high of $114.38.
The business also recently declared 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 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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