Garde Capital Inc. lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 39.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,658 shares of the exchange traded fund’s stock after selling 21,509 shares during the quarter. iShares TIPS Bond ETF makes up about 0.6% of Garde Capital Inc.’s investment portfolio, making the stock its 28th largest position. Garde Capital Inc.’s holdings in iShares TIPS Bond ETF were worth $3,686,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TIP. American Century Companies Inc. bought a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $3,333,000. Financial Gravity Wealth Inc. bought a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $1,219,000. Neuberger Berman Group LLC raised its position in shares of iShares TIPS Bond ETF by 12.0% during the first quarter. Neuberger Berman Group LLC now owns 28,663 shares of the exchange traded fund’s stock worth $3,240,000 after acquiring an additional 3,062 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $3,198,000. Finally, Cetera Advisor Networks LLC raised its position in shares of iShares TIPS Bond ETF by 11.6% during the first quarter. Cetera Advisor Networks LLC now owns 36,846 shares of the exchange traded fund’s stock worth $4,169,000 after acquiring an additional 3,832 shares during the last quarter.

TIP stock opened at $110.78 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $110.69 and a twelve month high of $114.56.

The company also recently announced a monthly dividend, which was paid on Monday, September 10th. Stockholders of record on Wednesday, September 5th were given a dividend of $0.3857 per share. The ex-dividend date was Tuesday, September 4th. This represents a $4.63 dividend on an annualized basis and a dividend yield of 4.18%.

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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