Altium Wealth Management LLC Invests $757,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Altium Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,498 shares of the exchange traded fund’s stock, valued at approximately $757,000.

Other large investors have also recently made changes to their positions in the company. 180 Wealth Advisors LLC lifted its position in shares of iShares TIPS Bond ETF by 4.0% during the 4th quarter. 180 Wealth Advisors LLC now owns 5,089 shares of the exchange traded fund’s stock worth $598,000 after buying an additional 195 shares during the period. Good Life Advisors LLC lifted its position in shares of iShares TIPS Bond ETF by 15.0% during the 4th quarter. Good Life Advisors LLC now owns 4,029 shares of the exchange traded fund’s stock worth $472,000 after buying an additional 527 shares during the period. Comprehensive Portfolio Management LLC lifted its position in shares of iShares TIPS Bond ETF by 3.2% during the 4th quarter. Comprehensive Portfolio Management LLC now owns 432,471 shares of the exchange traded fund’s stock worth $50,413,000 after buying an additional 13,482 shares during the period. We Are One Seven LLC bought a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $210,000. Finally, Palisade Asset Management LLC lifted its position in shares of iShares TIPS Bond ETF by 5.7% during the 4th quarter. Palisade Asset Management LLC now owns 14,357 shares of the exchange traded fund’s stock worth $1,674,000 after buying an additional 768 shares during the period.

Shares of iShares TIPS Bond ETF stock traded down $0.24 during midday trading on Friday, hitting $117.05. 7,435 shares of the company were exchanged, compared to its average volume of 1,654,815. iShares TIPS Bond ETF has a 52 week low of $109.50 and a 52 week high of $118.21. The firm has a 50 day simple moving average of $116.79 and a 200-day simple moving average of $116.27.

The business also recently announced a monthly dividend, which was paid on Thursday, December 26th. Investors of record on Friday, December 20th were given a dividend of $0.1085 per share. The ex-dividend date was Thursday, December 19th. This represents a $1.30 annualized dividend and a dividend yield of 1.11%.

In related news, insider Coleman Howard bought 57,500 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average price of $0.80 per share, for a total transaction of $46,000.00.

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

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