Wealthsource Partners LLC increased its holdings in ISHARES TR/0-5 YR TIPS BD ETF (BMV:STIP) by 32.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 3,952 shares of the company’s stock after buying an additional 970 shares during the period. Wealthsource Partners LLC’s holdings in ISHARES TR/0-5 YR TIPS BD ETF were worth $390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in STIP. Zurich Insurance Group Ltd FI bought a new position in ISHARES TR/0-5 YR TIPS BD ETF in the second quarter valued at approximately $133,000. Harwood Advisory Group LLC bought a new position in ISHARES TR/0-5 YR TIPS BD ETF in the second quarter valued at approximately $215,000. Summit X LLC bought a new position in ISHARES TR/0-5 YR TIPS BD ETF in the second quarter valued at approximately $230,000. Maple Capital Management Inc. bought a new position in ISHARES TR/0-5 YR TIPS BD ETF in the second quarter valued at approximately $232,000. Finally, Fairview Capital Investment Management LLC bought a new position in ISHARES TR/0-5 YR TIPS BD ETF in the third quarter valued at approximately $258,000.

Shares of BMV:STIP opened at $98.00 on Friday. ISHARES TR/0-5 YR TIPS BD ETF has a 1 year low of $1,750.00 and a 1 year high of $2,005.20.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 7th. Investors of record on Tuesday, December 4th will be paid a $0.1362 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 1.67%. This is a boost from ISHARES TR/0-5 YR TIPS BD ETF’s previous monthly dividend of $0.07. The ex-dividend date is Monday, December 3rd.

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Want to see what other hedge funds are holding STIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ISHARES TR/0-5 YR TIPS BD ETF (BMV:STIP).

Institutional Ownership by Quarter for ISHARES TR/0-5 YR TIPS BD ETF (BMV:STIP)

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