Manning & Napier Advisors LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 27.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,150 shares of the exchange traded fund’s stock after buying an additional 4,983 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $2,629,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Northwest Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 1.4% in the 2nd quarter. Northwest Wealth Management LLC now owns 21,833 shares of the exchange traded fund’s stock valued at $2,477,000 after purchasing an additional 300 shares in the last quarter. Investment Partners Ltd. OH ADV acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $212,000. Greenleaf Trust acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $2,177,000. Vontobel Swiss Wealth Advisors AG boosted its stake in shares of iShares TIPS Bond ETF by 0.7% in the 2nd quarter. Vontobel Swiss Wealth Advisors AG now owns 96,480 shares of the exchange traded fund’s stock valued at $10,944,000 after purchasing an additional 628 shares in the last quarter. Finally, Moloney Securities Asset Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 3.3% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 3,488 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 111 shares in the last quarter.

iShares TIPS Bond ETF (TIP) traded down $0.17 on Tuesday, hitting $113.95. 569,400 shares of the stock were exchanged, compared to its average volume of 1,253,456. iShares TIPS Bond ETF has a one year low of $110.90 and a one year high of $115.46.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were issued a $0.2177 dividend. This represents a $2.61 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Wednesday, November 1st. This is a positive change from iShares TIPS Bond ETF’s previous monthly dividend of $0.05. iShares TIPS Bond ETF’s dividend payout ratio (DPR) is 69.76%.

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iShares TIPS Bond ETF Company 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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