PFG Advisors Has $800,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

PFG Advisors lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,841 shares of the exchange traded fund’s stock after selling 606 shares during the period. PFG Advisors’ holdings in iShares TIPS Bond ETF were worth $800,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Colony Group LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $945,000. UBS Asset Management Americas Inc. lifted its stake in shares of iShares TIPS Bond ETF by 13.3% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 52,923 shares of the exchange traded fund’s stock valued at $6,112,000 after purchasing an additional 6,203 shares during the last quarter. FormulaFolio Investments LLC lifted its stake in shares of iShares TIPS Bond ETF by 48.3% in the 3rd quarter. FormulaFolio Investments LLC now owns 54,666 shares of the exchange traded fund’s stock valued at $6,357,000 after purchasing an additional 17,795 shares during the last quarter. Pictet Asset Management Ltd. lifted its stake in shares of iShares TIPS Bond ETF by 9.6% in the 2nd quarter. Pictet Asset Management Ltd. now owns 142,130 shares of the exchange traded fund’s stock valued at $16,415,000 after purchasing an additional 12,415 shares during the last quarter. Finally, Sonata Capital Group Inc. lifted its stake in shares of iShares TIPS Bond ETF by 6.6% in the 3rd quarter. Sonata Capital Group Inc. now owns 7,930 shares of the exchange traded fund’s stock valued at $922,000 after purchasing an additional 490 shares during the last quarter.

In other news, insider Coleman Howard bought 57,500 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were purchased at an average price of $0.80 per share, for a total transaction of $46,000.00.

TIP stock opened at $117.39 on Wednesday. iShares TIPS Bond ETF has a 1 year low of $109.50 and a 1 year high of $118.21. The company has a fifty day simple moving average of $116.76 and a 200 day simple moving average of $116.25.

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

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: What is the Consumer Price Index (CPI)?

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

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