3EDGE Asset Management LP raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 22.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 955,520 shares of the exchange traded fund’s stock after purchasing an additional 177,821 shares during the quarter. iShares TIPS Bond ETF accounts for 12.8% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 3rd biggest holding. 3EDGE Asset Management LP’s holdings in iShares TIPS Bond ETF were worth $111,385,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. grew its position in iShares TIPS Bond ETF by 14.2% during the second quarter. BlackRock Inc. now owns 14,345,815 shares of the exchange traded fund’s stock valued at $1,656,798,000 after purchasing an additional 1,780,029 shares in the last quarter. Eqis Capital Management Inc. increased its stake in iShares TIPS Bond ETF by 284.7% in the 3rd quarter. Eqis Capital Management Inc. now owns 231,285 shares of the exchange traded fund’s stock valued at $26,896,000 after buying an additional 171,158 shares during the period. Ambassador Advisors LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $19,853,000. Evoke Wealth LLC purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $14,249,000. Finally, Fulton Breakefield Broenniman LLC purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $12,219,000.
Shares of NYSEARCA:TIP opened at $117.90 on Friday. The firm has a fifty day moving average of $116.92 and a two-hundred day moving average of $116.36. iShares TIPS Bond ETF has a 12-month low of $109.50 and a 12-month high of $118.21.
The business also recently declared a monthly dividend, which was paid on Thursday, December 26th. Stockholders of record on Friday, December 20th were paid a $0.1085 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Thursday, December 19th.
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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