iShares TIPS Bond ETF (TIP) Shares Reduced by Lourd Capital LLC

iShares TIPS Bond ETF (TIP) Shares Reduced by Lourd Capital LLC

Lourd Capital LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,105 shares of the exchange traded fund’s stock after selling 4,085 shares during the quarter. Lourd Capital LLC’s holdings in iShares TIPS Bond ETF were worth $1,228,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of TIP. Financial Gravity Wealth Inc. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth approximately $1,219,000. California Public Employees Retirement System lifted its position in iShares TIPS Bond ETF by 418.5% in the 1st quarter. California Public Employees Retirement System now owns 70,835 shares of the exchange traded fund’s stock worth $8,008,000 after buying an additional 57,174 shares in the last quarter. Asset Management One Co. Ltd. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth approximately $226,000. Baird Financial Group Inc. lifted its position in iShares TIPS Bond ETF by 6.3% in the 1st quarter. Baird Financial Group Inc. now owns 44,184 shares of the exchange traded fund’s stock worth $4,995,000 after buying an additional 2,628 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its position in iShares TIPS Bond ETF by 667.8% in the 1st quarter. Allianz Asset Management GmbH now owns 39,072 shares of the exchange traded fund’s stock worth $4,418,000 after buying an additional 33,983 shares in the last quarter.

TIP stock opened at $109.53 on Wednesday. iShares TIPS Bond ETF has a 12-month low of $109.19 and a 12-month high of $114.38.

The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were given a $0.1015 dividend. The ex-dividend date of this dividend was Monday, October 1st. This represents a $1.22 dividend on an annualized basis 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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