Psagot Investment House Ltd. Increases Holdings in iShares TIPS Bond ETF (TIP)

Psagot Investment House Ltd. raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 18,380 shares of the exchange traded fund’s stock after acquiring an additional 1,183 shares during the period. Psagot Investment House Ltd.’s holdings in iShares TIPS Bond ETF were worth $2,033,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in TIP. Valeo Financial Advisors LLC bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $122,000. Integrated Investment Consultants LLC bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $127,000. Truvestments Capital LLC bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $127,000. Burt Wealth Advisors lifted its holdings in shares of iShares TIPS Bond ETF by 125.2% in the third quarter. Burt Wealth Advisors now owns 1,169 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 650 shares in the last quarter. Finally, Parkside Investments LLC bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $165,000.

TIP stock opened at $108.52 on Thursday. iShares TIPS Bond ETF has a twelve month low of $108.22 and a twelve month high of $114.38.

The business also recently announced a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were issued a $0.0914 dividend. The ex-dividend date was Thursday, November 1st. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.01%.

ILLEGAL ACTIVITY NOTICE: “Psagot Investment House Ltd. Increases Holdings in iShares TIPS Bond ETF (TIP)” was originally published by WKRB News and is the sole property of of WKRB News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.wkrb13.com/2018/11/08/psagot-investment-house-ltd-increases-holdings-in-ishares-tips-bond-etf-tip.html.

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).

Featured Story: How accurate is the Rule of 72?

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.

Leave a Reply