Hanson & Doremus Investment Management lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,815 shares of the exchange traded fund’s stock after selling 226 shares during the period. Hanson & Doremus Investment Management’s holdings in iShares TIPS Bond ETF were worth $794,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in TIP. Strategic Blueprint LLC bought a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $27,000. Shufro Rose & Co. LLC acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $30,000. Garrett Wealth Advisory Group LLC acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $33,000. Cutler Group LP lifted its stake in shares of iShares TIPS Bond ETF by 50.0% in the third quarter. Cutler Group LP now owns 300 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 100 shares during the period. Finally, Strategic Capital Advisers Inc. bought a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $40,000.
In other news, insider Coleman Howard purchased 57,500 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were purchased at an average cost of $0.80 per share, for a total transaction of $46,000.00.
The company also recently declared a monthly dividend, which was paid on Thursday, December 26th. Investors of record on Friday, December 20th were paid a dividend of $0.1085 per share. The ex-dividend date was Thursday, December 19th. This represents a $1.30 annualized dividend and a 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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