iShares TIPS Bond ETF (TIP) Shares Bought by Bbva Compass Bancshares Inc.

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Bbva Compass Bancshares Inc. raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 72,556 shares of the exchange traded fund’s stock after buying an additional 7,844 shares during the period. Bbva Compass Bancshares Inc.’s holdings in iShares TIPS Bond ETF were worth $8,026,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of iShares TIPS Bond ETF by 0.4% during the 2nd 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 in the last quarter. TIAA FSB boosted its position in shares of iShares TIPS Bond ETF by 3.4% during the 3rd quarter. TIAA FSB now owns 15,617,942 shares of the exchange traded fund’s stock valued at $1,727,656,000 after purchasing an additional 511,833 shares in the last quarter. BlackRock Inc. boosted its position in shares of iShares TIPS Bond ETF by 2.6% during the 2nd quarter. BlackRock Inc. now owns 11,428,642 shares of the exchange traded fund’s stock valued at $1,289,951,000 after purchasing an additional 284,453 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares TIPS Bond ETF by 1.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,435,491 shares of the exchange traded fund’s stock valued at $613,503,000 after purchasing an additional 93,912 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. boosted its position in shares of iShares TIPS Bond ETF by 870.2% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 4,746,795 shares of the exchange traded fund’s stock valued at $535,771,000 after purchasing an additional 4,257,533 shares in the last quarter.

Shares of NYSEARCA:TIP traded down $0.04 during trading hours on Wednesday, hitting $108.44. 827,534 shares of the company’s stock traded hands, compared to its average volume of 1,440,758. iShares TIPS Bond ETF has a 52 week low of $108.22 and a 52 week high of $114.38.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd will be given a dividend of $0.0914 per share. The ex-dividend date of this dividend is Thursday, November 1st. This represents a $1.10 annualized dividend and a dividend yield of 1.01%.

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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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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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