Guidant Wealth Advisors Grows Position in iShares TIPS Bond ETF (TIP)

Guidant Wealth Advisors lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,097 shares of the exchange traded fund’s stock after purchasing an additional 3,154 shares during the quarter. iShares TIPS Bond ETF accounts for 3.1% of Guidant Wealth Advisors’ investment portfolio, making the stock its 8th largest holding. Guidant Wealth Advisors’ holdings in iShares TIPS Bond ETF were worth $8,039,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Simplex Trading LLC increased its position in shares of iShares TIPS Bond ETF by 7,606.9% during the 1st quarter. Simplex Trading LLC now owns 11,175 shares of the exchange traded fund’s stock valued at $1,263,000 after purchasing an additional 11,030 shares during the last quarter. Wedbush Securities Inc. boosted its stake in iShares TIPS Bond ETF by 9.2% in the 1st quarter. Wedbush Securities Inc. now owns 10,903 shares of the exchange traded fund’s stock worth $1,233,000 after purchasing an additional 917 shares during the period. Ford Financial Group Inc. boosted its stake in iShares TIPS Bond ETF by 7.3% in the 1st quarter. Ford Financial Group Inc. now owns 14,227 shares of the exchange traded fund’s stock worth $1,608,000 after purchasing an additional 970 shares during the period. Signature Wealth Management Group boosted its stake in iShares TIPS Bond ETF by 5.0% in the 1st quarter. Signature Wealth Management Group now owns 40,671 shares of the exchange traded fund’s stock worth $4,599,000 after purchasing an additional 1,940 shares during the period. Finally, Nwam LLC boosted its stake in iShares TIPS Bond ETF by 6.2% in the 1st quarter. Nwam LLC now owns 13,273 shares of the exchange traded fund’s stock worth $1,501,000 after purchasing an additional 776 shares during the period.

NYSEARCA TIP traded up $0.25 during trading hours on Friday, hitting $113.27. The company had a trading volume of 881,086 shares, compared to its average volume of 1,307,822. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $113.56.

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.0348 per share. The ex-dividend date was Wednesday, May 1st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.37%.

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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).

Further Reading: Portfolio Manager

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

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