iShares TIPS Bond ETF (TIP) Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,175 shares of the exchange traded fund’s stock after selling 13,009 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $3,519,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Renaissance Technologies LLC lifted its position in shares of iShares TIPS Bond ETF by 72.5% in the 2nd quarter. Renaissance Technologies LLC now owns 77,076 shares of the exchange traded fund’s stock valued at $8,700,000 after acquiring an additional 32,400 shares in the last quarter. Burney Co. purchased a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $231,000. Global Retirement Partners LLC lifted its position in shares of iShares TIPS Bond ETF by 202.5% in the 2nd quarter. Global Retirement Partners LLC now owns 14,162 shares of the exchange traded fund’s stock valued at $1,599,000 after acquiring an additional 9,480 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of iShares TIPS Bond ETF by 196.8% in the 2nd quarter. Captrust Financial Advisors now owns 100,062 shares of the exchange traded fund’s stock valued at $11,294,000 after acquiring an additional 66,351 shares in the last quarter. Finally, Peak Capital Management LLC lifted its position in shares of iShares TIPS Bond ETF by 16.5% in the 2nd quarter. Peak Capital Management LLC now owns 5,592 shares of the exchange traded fund’s stock valued at $631,000 after acquiring an additional 790 shares in the last quarter.

TIP stock opened at $110.96 on Friday. iShares TIPS Bond ETF has a 12-month low of $110.96 and a 12-month high of $114.59.

The business also recently announced a monthly dividend, which was paid on Monday, September 10th. Shareholders of record on Wednesday, September 5th were given a $0.3857 dividend. The ex-dividend date of this dividend was Tuesday, September 4th. This represents a $4.63 dividend on an annualized basis and a yield of 4.17%.

iShares TIPS Bond ETF Profile

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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