iShares TIPS Bond ETF (TIP) Position Lifted by Cullen Frost Bankers Inc.

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Cullen Frost Bankers Inc. increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,550 shares of the exchange traded fund’s stock after buying an additional 460 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares TIPS Bond ETF were worth $2,052,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of TIP. Charles Schwab Investment Advisory Inc. boosted its holdings in iShares TIPS Bond ETF by 870.2% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 4,746,795 shares of the exchange traded fund’s stock worth $535,771,000 after buying an additional 4,257,533 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in iShares TIPS Bond ETF in the 2nd quarter worth $2,963,000. Cornerstone Wealth Management LLC boosted its holdings in iShares TIPS Bond ETF by 11,422.3% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,412,513 shares of the exchange traded fund’s stock worth $12,558,000 after buying an additional 1,400,254 shares during the period. Bank of Montreal Can bought a new position in iShares TIPS Bond ETF in the 2nd quarter worth $60,516,000. Finally, TIAA FSB boosted its holdings in iShares TIPS Bond ETF by 3.4% in the 3rd quarter. TIAA FSB now owns 15,617,942 shares of the exchange traded fund’s stock worth $1,727,656,000 after buying an additional 511,833 shares during the period.

Shares of iShares TIPS Bond ETF stock opened at $108.84 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $108.82 and a fifty-two week high of $114.38.

The company also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were issued a $0.1015 dividend. This represents a $1.22 annualized dividend and a yield of 1.12%. The ex-dividend date was Monday, October 1st.

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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