Coastline Trust Co trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,345 shares of the exchange traded fund’s stock after selling 135 shares during the period. iShares TIPS Bond ETF makes up 0.8% of Coastline Trust Co’s portfolio, making the stock its 22nd biggest position. Coastline Trust Co’s holdings in iShares TIPS Bond ETF were worth $6,102,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northern Trust Corp grew its holdings in iShares TIPS Bond ETF by 8.4% during the 2nd quarter. Northern Trust Corp now owns 25,642 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 1,993 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in iShares TIPS Bond ETF by 7.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 14,190 shares of the exchange traded fund’s stock worth $1,639,000 after acquiring an additional 1,026 shares in the last quarter. AXA grew its holdings in iShares TIPS Bond ETF by 8.5% during the 2nd quarter. AXA now owns 30,440 shares of the exchange traded fund’s stock worth $3,516,000 after acquiring an additional 2,380 shares in the last quarter. Private Portfolio Partners LLC grew its holdings in iShares TIPS Bond ETF by 14.1% during the 2nd quarter. Private Portfolio Partners LLC now owns 25,206 shares of the exchange traded fund’s stock worth $2,911,000 after acquiring an additional 3,121 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC acquired a new position in iShares TIPS Bond ETF during the 2nd quarter worth $453,000.

TIP stock traded up $0.10 during mid-day trading on Wednesday, hitting $117.49. 57,028 shares of the company were exchanged, compared to its average volume of 1,710,634. iShares TIPS Bond ETF has a twelve month low of $109.50 and a twelve month high of $118.21. The firm has a fifty day simple moving average of $116.76 and a 200 day simple moving average of $116.25.

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 26th. Shareholders of record on Friday, December 20th were issued a dividend of $0.1085 per share. This represents a $1.30 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, December 19th.

In related news, insider Coleman Howard acquired 57,500 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was bought at an average cost of $0.80 per share, with a total value of $46,000.00.

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).

Further Reading: Shanghai Stock Exchange Composite Index

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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