iShares TIPS Bond ETF (TIP) Short Interest Update

iShares TIPS Bond ETF (NYSEARCA:TIP) saw a significant decline in short interest in September. As of September 28th, there was short interest totalling 433,385 shares, a decline of 61.6% from the September 14th total of 1,128,893 shares. Based on an average daily volume of 1,182,696 shares, the short-interest ratio is presently 0.4 days.

Several institutional investors have recently modified their holdings of TIP. Financial Gravity Wealth Inc. bought a new stake in shares of iShares TIPS Bond ETF in the first quarter valued at about $1,219,000. California Public Employees Retirement System lifted its holdings in shares of iShares TIPS Bond ETF by 418.5% in the first quarter. California Public Employees Retirement System now owns 70,835 shares of the exchange traded fund’s stock valued at $8,008,000 after purchasing an additional 57,174 shares in the last quarter. Asset Management One Co. Ltd. bought a new stake in shares of iShares TIPS Bond ETF in the first quarter valued at about $226,000. Allianz Asset Management GmbH lifted its holdings in shares of iShares TIPS Bond ETF by 667.8% in the first quarter. Allianz Asset Management GmbH now owns 39,072 shares of the exchange traded fund’s stock valued at $4,418,000 after purchasing an additional 33,983 shares in the last quarter. Finally, Natixis lifted its holdings in shares of iShares TIPS Bond ETF by 26.9% in the first quarter. Natixis now owns 11,176 shares of the exchange traded fund’s stock valued at $1,255,000 after purchasing an additional 2,372 shares in the last quarter.

Shares of iShares TIPS Bond ETF stock opened at $109.17 on Friday. iShares TIPS Bond ETF has a one year low of $109.16 and a one year high of $114.38.

The company also recently declared a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were issued a $0.1015 dividend. The ex-dividend date was Monday, October 1st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.12%.

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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