Institute for Wealth Management LLC. Reduces Position in iShares TIPS Bond ETF (TIP)

Institute for Wealth Management LLC. lessened its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 28.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 17,817 shares of the exchange traded fund’s stock after selling 7,207 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares TIPS Bond ETF were worth $1,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LexAurum Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 16.0% in the 2nd quarter. LexAurum Advisors LLC now owns 3,267 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 450 shares during the period. Segall Bryant & Hamill LLC grew its stake in shares of iShares TIPS Bond ETF by 17.1% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 3,097 shares of the exchange traded fund’s stock valued at $350,000 after buying an additional 452 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of iShares TIPS Bond ETF by 2.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 18,550 shares of the exchange traded fund’s stock valued at $2,052,000 after buying an additional 460 shares during the period. One Capital Management LLC grew its stake in shares of iShares TIPS Bond ETF by 19.1% in the 3rd quarter. One Capital Management LLC now owns 2,937 shares of the exchange traded fund’s stock valued at $325,000 after buying an additional 470 shares during the period. Finally, First Personal Financial Services boosted its position in shares of iShares TIPS Bond ETF by 1.7% during the 2nd quarter. First Personal Financial Services now owns 29,013 shares of the exchange traded fund’s stock worth $3,275,000 after purchasing an additional 475 shares during the period.

NYSEARCA:TIP opened at $109.38 on Tuesday. iShares TIPS Bond ETF has a fifty-two week low of $108.91 and a fifty-two week high of $114.38.



The business also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a dividend of $0.1015 per share. The ex-dividend date was Monday, October 1st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.11%.

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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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

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

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