Good Life Advisors LLC decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.3% during the first quarter, Holdings Channel reports. The institutional investor owned 2,783 shares of the exchange traded fund’s stock after selling 320 shares during the quarter. Good Life Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in iShares TIPS Bond ETF by 1.1% during the first quarter. JPMorgan Chase & Co. now owns 7,428,123 shares of the exchange traded fund’s stock worth $839,899,000 after purchasing an additional 82,203 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. LPL Financial LLC now owns 3,021,844 shares of the exchange traded fund’s stock valued at $330,922,000 after acquiring an additional 58,976 shares during the last quarter. Ellis Investment Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 11,486.3% during the first quarter. Ellis Investment Partners LLC now owns 2,341,131 shares of the exchange traded fund’s stock valued at $2,341,000 after acquiring an additional 2,320,925 shares during the last quarter. FMR LLC raised its holdings in shares of iShares TIPS Bond ETF by 4.3% during the fourth quarter. FMR LLC now owns 2,330,968 shares of the exchange traded fund’s stock valued at $255,263,000 after acquiring an additional 95,668 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of iShares TIPS Bond ETF by 9.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,067,791 shares of the exchange traded fund’s stock valued at $233,805,000 after acquiring an additional 181,447 shares during the last quarter.

Shares of iShares TIPS Bond ETF stock opened at $113.72 on Friday. iShares TIPS Bond ETF has a 12 month low of $107.53 and a 12 month high of $113.84.

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.0348 per share. The ex-dividend date was Wednesday, May 1st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.37%.

COPYRIGHT VIOLATION WARNING: “Good Life Advisors LLC Sells 320 Shares of iShares TIPS Bond ETF (TIP)” was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of US and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://theolympiareport.com/2019/05/24/good-life-advisors-llc-sells-320-shares-of-ishares-tips-bond-etf-tip.html.

iShares TIPS Bond ETF Company 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).

Featured Article: Why do commodities matter?

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

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

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.