Cullen Frost Bankers Inc. Sells 1,260 Shares of iShares TIPS Bond ETF (TIP)

Cullen Frost Bankers Inc. lessened its stake in iShares TIPS Bond ETF (NYSE:TIP) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,501 shares of the exchange traded fund’s stock after selling 1,260 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares TIPS Bond ETF were worth $2,215,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. TIAA FSB grew its position in iShares TIPS Bond ETF by 5.4% in the third quarter. TIAA FSB now owns 14,642,275 shares of the exchange traded fund’s stock worth $1,663,069,000 after acquiring an additional 746,011 shares during the period. JPMorgan Chase & Co. grew its position in iShares TIPS Bond ETF by 3.0% in the second quarter. JPMorgan Chase & Co. now owns 5,404,344 shares of the exchange traded fund’s stock worth $613,015,000 after acquiring an additional 157,294 shares during the period. FMR LLC grew its position in iShares TIPS Bond ETF by 7.2% in the second quarter. FMR LLC now owns 5,199,769 shares of the exchange traded fund’s stock worth $589,810,000 after acquiring an additional 348,059 shares during the period. Wells Fargo & Company MN grew its position in iShares TIPS Bond ETF by 3.8% in the second quarter. Wells Fargo & Company MN now owns 4,968,047 shares of the exchange traded fund’s stock worth $563,527,000 after acquiring an additional 181,309 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in iShares TIPS Bond ETF by 20.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,884,097 shares of the exchange traded fund’s stock worth $554,003,000 after acquiring an additional 829,255 shares during the period.

iShares TIPS Bond ETF (NYSE TIP) traded down $0.49 on Friday, hitting $113.71. The stock had a trading volume of 180,135 shares. iShares TIPS Bond ETF has a 1-year low of $110.90 and a 1-year high of $115.46.

The company also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were given a dividend of $0.2177 per share. This is a positive change from iShares TIPS Bond ETF’s previous monthly dividend of $0.05. This represents a $2.61 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend was Wednesday, November 1st.

COPYRIGHT VIOLATION WARNING: This story was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://stocknewstimes.com/2017/11/11/cullen-frost-bankers-inc-sells-1260-shares-of-ishares-tips-bond-etf-tip.html.

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).

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

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply