First Hawaiian Bank Acquires 2,407 Shares of iShares TIPS Bond ETF (TIP)

First Hawaiian Bank lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.0% during the 3rd quarter, Holdings Channel reports. The firm owned 19,613 shares of the exchange traded fund’s stock after buying an additional 2,407 shares during the quarter. First Hawaiian Bank’s holdings in iShares TIPS Bond ETF were worth $2,170,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Estate Counselors LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.5% during the 3rd quarter. Estate Counselors LLC now owns 240,020 shares of the exchange traded fund’s stock valued at $26,551,000 after purchasing an additional 5,860 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its holdings in shares of iShares TIPS Bond ETF by 3.6% during the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 19,606 shares of the exchange traded fund’s stock valued at $2,168,000 after purchasing an additional 679 shares during the last quarter. Bellecapital International Ltd. grew its holdings in shares of iShares TIPS Bond ETF by 40.3% during the 3rd quarter. Bellecapital International Ltd. now owns 6,720 shares of the exchange traded fund’s stock valued at $743,000 after purchasing an additional 1,930 shares during the last quarter. Courier Capital LLC grew its holdings in shares of iShares TIPS Bond ETF by 7.3% during the 3rd quarter. Courier Capital LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,332,000 after purchasing an additional 820 shares during the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of iShares TIPS Bond ETF by 41.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 7,565 shares of the exchange traded fund’s stock valued at $837,000 after purchasing an additional 2,202 shares during the last quarter.

TIP stock opened at $109.51 on Wednesday. iShares TIPS Bond ETF has a 52 week low of $109.16 and a 52 week high of $114.38.

The firm also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were issued a dividend of $0.1015 per share. This represents a $1.22 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Monday, October 1st.

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).

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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

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

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