6,769 Shares in iShares TIPS Bond ETF (TIP) Purchased by Great Lakes Advisors LLC

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Great Lakes Advisors LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,769 shares of the exchange traded fund’s stock, valued at approximately $749,000.

Several other institutional investors also recently bought and sold shares of TIP. Charles Schwab Investment Advisory Inc. lifted its stake in shares of iShares TIPS Bond ETF by 870.2% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 4,746,795 shares of the exchange traded fund’s stock worth $535,771,000 after acquiring an additional 4,257,533 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of iShares TIPS Bond ETF in the second quarter worth approximately $2,963,000. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 33.2% in the third quarter. JPMorgan Chase & Co. now owns 9,857,316 shares of the exchange traded fund’s stock worth $1,090,415,000 after acquiring an additional 2,458,976 shares during the period. TIAA FSB lifted its stake in iShares TIPS Bond ETF by 3.4% in the third quarter. TIAA FSB now owns 15,617,942 shares of the exchange traded fund’s stock valued at $1,727,656,000 after buying an additional 511,833 shares during the period. Finally, Cornerstone Wealth Management LLC lifted its stake in iShares TIPS Bond ETF by 26.5% in the third quarter. Cornerstone Wealth Management LLC now owns 1,786,507 shares of the exchange traded fund’s stock valued at $15,751,000 after buying an additional 373,994 shares during the period.

Shares of TIP opened at $109.82 on Friday. iShares TIPS Bond ETF has a 52-week low of $107.53 and a 52-week high of $114.15.

The firm also recently declared a monthly dividend, which was paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th were paid a $0.1554 dividend. The ex-dividend date was Monday, December 3rd. This is a positive change from iShares TIPS Bond ETF’s previous monthly dividend of $0.09. This represents a $1.87 annualized dividend and a yield of 1.70%.

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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).

Read More: What is a Derivative?

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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