iShares TIPS Bond ETF (TIP) Shares Sold by Cadinha & Co. LLC

Cadinha & Co. LLC lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,369 shares of the exchange traded fund’s stock after selling 490 shares during the quarter. Cadinha & Co. LLC’s holdings in iShares TIPS Bond ETF were worth $1,178,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares TIPS Bond ETF in the third quarter valued at about $116,000. Citizens Financial Group Inc. RI acquired a new position in iShares TIPS Bond ETF during the third quarter worth about $117,000. BB&T Investment Services Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth about $133,000. Capital Directions Investment Advisors LLC raised its stake in iShares TIPS Bond ETF by 49.0% during the second quarter. Capital Directions Investment Advisors LLC now owns 1,252 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 412 shares in the last quarter. Finally, Mountain Capital Investment Advisors Inc raised its stake in iShares TIPS Bond ETF by 612.9% during the third quarter. Mountain Capital Investment Advisors Inc now owns 1,326 shares of the exchange traded fund’s stock worth $151,000 after acquiring an additional 1,140 shares in the last quarter.

Shares of iShares TIPS Bond ETF (TIP) traded down $0.29 during midday trading on Thursday, reaching $113.60. The company’s stock had a trading volume of 646,500 shares, compared to its average volume of 1,250,971. iShares TIPS Bond ETF has a 12-month low of $110.90 and a 12-month high of $115.46.

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Monday, December 4th will be paid a dividend of $0.5011 per share. This is an increase from iShares TIPS Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Friday, December 1st. This represents a $6.01 annualized dividend and a yield of 5.29%. iShares TIPS Bond ETF’s payout ratio is presently 78.63%.

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

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