US Bancorp DE Has $51.27 Million Stake in iShares TIPS Bond ETF (TIP)

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US Bancorp DE lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 453,461 shares of the exchange traded fund’s stock after selling 51,425 shares during the quarter. US Bancorp DE’s holdings in iShares TIPS Bond ETF were worth $51,273,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. 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 worth $664,000 after purchasing an additional 105 shares during the last quarter. Nikulski Financial Inc. raised its stake in shares of iShares TIPS Bond ETF by 1.4% during the fourth quarter. Nikulski Financial Inc. now owns 8,274 shares of the exchange traded fund’s stock worth $906,000 after purchasing an additional 111 shares during the last quarter. 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 worth $536,000 after purchasing an additional 114 shares during the last quarter. Raymond James Trust N.A. raised its position in iShares TIPS Bond ETF by 0.6% in the first quarter. Raymond James Trust N.A. now owns 22,827 shares of the exchange traded fund’s stock worth $2,581,000 after acquiring an additional 129 shares in the last quarter. Finally, Brio Consultants LLC raised its position in iShares TIPS Bond ETF by 0.5% in the first quarter. Brio Consultants LLC now owns 30,943 shares of the exchange traded fund’s stock worth $3,499,000 after acquiring an additional 145 shares in the last quarter.

NYSEARCA:TIP traded up $0.13 during trading hours on Wednesday, hitting $113.57. The company’s stock had a trading volume of 331,205 shares, compared to its average volume of 1,257,698. iShares TIPS Bond ETF has a 52-week low of $107.53 and a 52-week high of $113.84.

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

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About iShares TIPS Bond ETF

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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