Paradigm Financial Advisors LLC grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 203.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,024 shares of the exchange traded fund’s stock after buying an additional 10,073 shares during the quarter. Paradigm Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,662,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Valeo Financial Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth $122,000. Integrated Investment Consultants LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth $127,000. Truvestments Capital LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth $127,000. Burt Wealth Advisors lifted its stake in shares of iShares TIPS Bond ETF by 125.2% during the 3rd quarter. Burt Wealth Advisors now owns 1,169 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 650 shares during the last quarter. Finally, Parkside Investments LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth $165,000.
Shares of NYSEARCA TIP opened at $108.63 on Friday. iShares TIPS Bond ETF has a 1-year low of $107.53 and a 1-year high of $114.31.
The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were paid a dividend of $0.0914 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Thursday, November 1st.
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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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