Sterling Investment Advisors LLC ADV raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,600 shares of the exchange traded fund’s stock after buying an additional 1,739 shares during the quarter. iShares TIPS Bond ETF comprises approximately 3.8% of Sterling Investment Advisors LLC ADV’s portfolio, making the stock its 9th biggest position. Sterling Investment Advisors LLC ADV’s holdings in iShares TIPS Bond ETF were worth $4,602,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. Valeo Financial Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth about $122,000. Integrated Investment Consultants LLC bought a new stake in iShares TIPS Bond ETF in the 2nd quarter worth about $127,000. New Capital Management LP bought a new stake in iShares TIPS Bond ETF in the 2nd quarter worth about $161,000. Clarus Wealth Advisors bought a new stake in iShares TIPS Bond ETF in the 2nd quarter worth about $197,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in iShares TIPS Bond ETF by 72.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,756 shares of the exchange traded fund’s stock worth $198,000 after buying an additional 740 shares in the last quarter.
NYSEARCA TIP traded up $0.20 during trading hours on Thursday, hitting $109.62. The company’s stock had a trading volume of 158,177 shares, compared to its average volume of 1,436,774. iShares TIPS Bond ETF has a 12 month low of $109.16 and a 12 month high of $114.38.
The firm also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were issued a $0.1015 dividend. The ex-dividend date was Monday, October 1st. This represents a $1.22 annualized dividend 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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