Signet Financial Management LLC Has $3.23 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Signet Financial Management LLC cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,095 shares of the exchange traded fund’s stock after selling 1,876 shares during the quarter. Signet Financial Management LLC’s holdings in iShares TIPS Bond ETF were worth $3,231,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. raised its holdings in shares of iShares TIPS Bond ETF by 7.7% in the 1st quarter. BlackRock Inc. now owns 12,565,786 shares of the exchange traded fund’s stock valued at $1,420,813,000 after purchasing an additional 899,751 shares during the period. JPMorgan Chase & Co. raised its stake in iShares TIPS Bond ETF by 1.1% in the first quarter. JPMorgan Chase & Co. now owns 7,428,123 shares of the exchange traded fund’s stock valued at $839,899,000 after buying an additional 82,203 shares during the period. LPL Financial LLC lifted its position in shares of iShares TIPS Bond ETF by 4.2% in the second quarter. LPL Financial LLC now owns 3,296,194 shares of the exchange traded fund’s stock valued at $380,677,000 after buying an additional 131,909 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares TIPS Bond ETF by 0.8% in the first quarter. Envestnet Asset Management Inc. now owns 2,805,700 shares of the exchange traded fund’s stock valued at $317,240,000 after buying an additional 22,555 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of iShares TIPS Bond ETF by 9.9% in the second quarter. Wells Fargo & Company MN now owns 2,450,040 shares of the exchange traded fund’s stock valued at $282,956,000 after buying an additional 221,389 shares during the last quarter.

Shares of TIP stock traded down $0.04 during trading on Wednesday, reaching $116.00. 59,057 shares of the company’s stock were exchanged, compared to its average volume of 1,277,224. iShares TIPS Bond ETF has a twelve month low of $107.53 and a twelve month high of $118.21. The firm’s fifty day moving average price is $116.63 and its 200-day moving average price is $114.23.

The firm also recently declared a — dividend, which was paid on Monday, September 9th. Shareholders of record on Wednesday, September 4th were issued a dividend of $0.0595 per share. This represents a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 3rd.

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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