Charles Schwab Investment Advisory Inc. Boosts Position in iShares TIPS Bond ETF (TIP) – Week Herald

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Charles Schwab Investment Advisory Inc. boosted its position in shares of iShares TIPS Bond ETF (NYSE:TIP) by 0.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 476,659 shares of the exchange traded fund’s stock after acquiring an additional 1,550 shares during the quarter. Charles Schwab Investment Advisory Inc. owned 0.23% of iShares TIPS Bond ETF worth $54,139,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. TIAA FSB purchased a new stake in iShares TIPS Bond ETF in the second quarter worth about $1,576,253,000. Bridgewater Associates LP purchased a new stake in iShares TIPS Bond ETF in the second quarter worth about $139,903,000. Adventist Health System Sunbelt Healthcare Corp purchased a new stake in iShares TIPS Bond ETF in the second quarter worth about $105,982,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in iShares TIPS Bond ETF by 20.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,884,097 shares of the exchange traded fund’s stock worth $554,003,000 after buying an additional 829,255 shares in the last quarter. Finally, MML Investors Services LLC purchased a new stake in iShares TIPS Bond ETF in the second quarter worth about $40,308,000.

Shares of iShares TIPS Bond ETF (TIP) traded up $0.10 on Tuesday, reaching $113.80. The company’s stock had a trading volume of 270,418 shares. iShares TIPS Bond ETF has a fifty-two week low of $110.90 and a fifty-two week high of $115.46.

The business also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were given a $0.2177 dividend. This is a boost from iShares TIPS Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $2.61 dividend on an annualized basis and a yield of 2.30%.

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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).

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

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