Zacks Investment Management Acquires 1,033 Shares of iShares TIPS Bond ETF (TIP)

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Zacks Investment Management raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,872 shares of the exchange traded fund’s stock after buying an additional 1,033 shares during the period. Zacks Investment Management’s holdings in iShares TIPS Bond ETF were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Hilltop Holdings Inc. raised its holdings in shares of iShares TIPS Bond ETF by 6.8% in the second quarter. Hilltop Holdings Inc. now owns 9,014 shares of the exchange traded fund’s stock valued at $1,017,000 after purchasing an additional 574 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF by 61.3% in the second quarter. Flagship Harbor Advisors LLC now owns 18,698 shares of the exchange traded fund’s stock valued at $2,110,000 after purchasing an additional 7,104 shares during the last quarter. Tuttle Tactical Management purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at about $221,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at about $593,000. Finally, Bank of America Corp DE raised its holdings in shares of iShares TIPS Bond ETF by 0.4% in the second quarter. Bank of America Corp DE now owns 20,632,260 shares of the exchange traded fund’s stock valued at $2,328,763,000 after purchasing an additional 87,915 shares during the last quarter.

Shares of TIP stock opened at $110.76 on Friday. iShares TIPS Bond ETF has a one year low of $110.72 and a one year high of $114.57.

The company also recently announced a monthly dividend, which was paid on Monday, September 10th. Stockholders of record on Wednesday, September 5th were issued a $0.3857 dividend. The ex-dividend date was Tuesday, September 4th. This represents a $4.63 annualized dividend and a dividend yield of 4.18%.

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

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