Stratos Wealth Partners LTD. reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 66,927 shares of the exchange traded fund’s stock after selling 1,190 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares TIPS Bond ETF were worth $7,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Ellevest Inc. bought a new position in iShares TIPS Bond ETF in the first quarter worth $25,000. Gemmer Asset Management LLC lifted its position in iShares TIPS Bond ETF by 11,750.0% in the first quarter. Gemmer Asset Management LLC now owns 237 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 235 shares during the period. Versant Capital Management Inc bought a new position in iShares TIPS Bond ETF in the first quarter worth $30,000. First Command Financial Services Inc. lifted its position in iShares TIPS Bond ETF by 1,326.3% in the first quarter. First Command Financial Services Inc. now owns 271 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 252 shares during the period. Finally, Atlas Capital Advisors LLC bought a new position in iShares TIPS Bond ETF in the first quarter worth $35,000.

TIP stock traded up $0.09 during midday trading on Thursday, hitting $113.68. The stock had a trading volume of 103,159 shares, compared to its average volume of 1,288,492. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $113.84.

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

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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).

See Also: Green Investing

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)

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