iShares TIPS Bond ETF (NYSEARCA:TIP) is Jaffetilchin Investment Partners LLC’s 4th Largest Position

Jaffetilchin Investment Partners LLC lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 565.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 159,367 shares of the exchange traded fund’s stock after acquiring an additional 135,427 shares during the period. iShares TIPS Bond ETF makes up approximately 4.0% of Jaffetilchin Investment Partners LLC’s investment portfolio, making the stock its 4th largest holding. Jaffetilchin Investment Partners LLC owned 0.09% of iShares TIPS Bond ETF worth $18,020,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Glassman Wealth Services acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth about $25,000. Ellevest Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth about $25,000. Gemmer Asset Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 11,750.0% during 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 acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth about $30,000. Finally, First Command Financial Services Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 1,326.3% during 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.

NYSEARCA:TIP traded down $0.85 during trading hours on Monday, reaching $114.64. The company had a trading volume of 1,708,376 shares, compared to its average volume of 1,296,397. iShares TIPS Bond ETF has a 1-year low of $107.53 and a 1-year high of $115.97. The stock has a 50 day moving average price of $114.51.

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were issued a $0.6392 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is an increase from iShares TIPS Bond ETF’s previous monthly dividend of $0.03. This represents a $7.67 dividend on an annualized basis and a yield of 6.69%.

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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