Sumitomo Mitsui Trust Holdings Inc. Grows Position in iShares TIPS Bond ETF (TIP)

Sumitomo Mitsui Trust Holdings Inc. increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,181 shares of the exchange traded fund’s stock after purchasing an additional 3,392 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.09% of iShares TIPS Bond ETF worth $19,379,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Advisory Inc. increased its position in shares of iShares TIPS Bond ETF by 870.2% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 4,746,795 shares of the exchange traded fund’s stock worth $535,771,000 after acquiring an additional 4,257,533 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of iShares TIPS Bond ETF in the second quarter worth approximately $2,963,000. TIAA FSB increased its position in shares of iShares TIPS Bond ETF by 3.4% in the third quarter. TIAA FSB now owns 15,617,942 shares of the exchange traded fund’s stock worth $1,727,656,000 after acquiring an additional 511,833 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of iShares TIPS Bond ETF by 26.5% in the third quarter. Cornerstone Wealth Management LLC now owns 1,786,507 shares of the exchange traded fund’s stock worth $15,751,000 after acquiring an additional 373,994 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of iShares TIPS Bond ETF by 1,670.1% in the second quarter. SG Americas Securities LLC now owns 326,681 shares of the exchange traded fund’s stock worth $36,872,000 after acquiring an additional 308,225 shares in the last quarter.

iShares TIPS Bond ETF stock opened at $108.89 on Monday. iShares TIPS Bond ETF has a fifty-two week low of $107.53 and a fifty-two week high of $114.31.

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

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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).

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

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