Fairview Capital Investment Management LLC Has $7.36 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fairview Capital Investment Management LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,075 shares of the exchange traded fund’s stock after selling 14,292 shares during the period. Fairview Capital Investment Management LLC’s holdings in iShares TIPS Bond ETF were worth $7,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sullivan Bruyette Speros & Blaney LLC raised its stake in shares of iShares TIPS Bond ETF by 1.8% during the first quarter. Sullivan Bruyette Speros & Blaney LLC now owns 5,703 shares of the exchange traded fund’s stock valued at $645,000 after acquiring an additional 99 shares in the last quarter. Cadinha & Co. LLC raised its stake in shares of iShares TIPS Bond ETF by 1.0% during the first quarter. Cadinha & Co. LLC now owns 10,531 shares of the exchange traded fund’s stock valued at $1,191,000 after acquiring an additional 100 shares in the last quarter. Wealth & Pension Services Group Inc. raised its stake in shares of iShares TIPS Bond ETF by 2.0% during the first quarter. Wealth & Pension Services Group Inc. now owns 5,103 shares of the exchange traded fund’s stock valued at $577,000 after acquiring an additional 100 shares in the last quarter. Diversified Portfolios Inc. raised its stake in shares of iShares TIPS Bond ETF by 1.8% during the fourth quarter. Diversified Portfolios Inc. now owns 6,062 shares of the exchange traded fund’s stock valued at $664,000 after acquiring an additional 105 shares in the last quarter. Finally, Lcnb Corp raised its stake in shares of iShares TIPS Bond ETF by 2.4% during the fourth quarter. Lcnb Corp now owns 4,890 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 114 shares in the last quarter.

Shares of iShares TIPS Bond ETF stock traded down $0.18 on Friday, hitting $114.28. 609,551 shares of the company traded hands, compared to its average volume of 1,307,176. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $115.32.

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, June 4th were paid a dividend of $0.6392 per share. This represents a $7.67 annualized dividend and a dividend yield of 6.71%. The ex-dividend date was Monday, June 3rd. This is an increase from iShares TIPS Bond ETF’s previous monthly dividend of $0.03.

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iShares TIPS Bond ETF 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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