Traders sold shares of iShares Barclays TIPS Bond Fund (NYSEARCA:TIP) on strength during trading on Tuesday. $54.05 million flowed into the stock on the tick-up and $151.27 million flowed out of the stock on the tick-down, for a money net flow of $97.22 million out of the stock. Of all companies tracked, iShares Barclays TIPS Bond Fund had the 5th highest net out-flow for the day. iShares Barclays TIPS Bond Fund traded up $0.18 for the day and closed at $112.35
The firm also recently announced a monthly dividend, which was paid on Thursday, June 7th. Stockholders of record on Monday, June 4th were paid a dividend of $0.3358 per share. The ex-dividend date of this dividend was Friday, June 1st. This represents a $4.03 dividend on an annualized basis and a dividend yield of 3.59%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Vista LLC bought a new position in shares of iShares Barclays TIPS Bond Fund during the first quarter valued at approximately $206,000. Wealth Alliance Advisory Group LLC bought a new position in shares of iShares Barclays TIPS Bond Fund during the first quarter valued at approximately $1,554,000. Peak Capital Management LLC grew its stake in shares of iShares Barclays TIPS Bond Fund by 16.7% during the first quarter. Peak Capital Management LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $543,000 after buying an additional 688 shares during the last quarter. Suntrust Banks Inc. grew its stake in shares of iShares Barclays TIPS Bond Fund by 52.4% during the first quarter. Suntrust Banks Inc. now owns 229,437 shares of the exchange traded fund’s stock valued at $25,937,000 after buying an additional 78,915 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of iShares Barclays TIPS Bond Fund by 667.8% during the first quarter. Allianz Asset Management GmbH now owns 39,072 shares of the exchange traded fund’s stock valued at $4,418,000 after buying an additional 33,983 shares during the last quarter.
iShares Barclays TIPS Bond Fund 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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