Investors Buy Shares of iShares Barclays TIPS Bond Fund (TIP) on Weakness

Traders purchased shares of iShares Barclays TIPS Bond Fund (NYSEARCA:TIP) on weakness during trading hours on Wednesday. $37.81 million flowed into the stock on the tick-up and $26.53 million flowed out of the stock on the tick-down, for a money net flow of $11.28 million into the stock. Of all stocks tracked, iShares Barclays TIPS Bond Fund had the 22nd highest net in-flow for the day. iShares Barclays TIPS Bond Fund traded down ($0.10) for the day and closed at $111.56

The firm has a market capitalization of $24,800.00 and a P/E ratio of 44.98.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were paid a dividend of $0.0213 per share. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.23%. iShares Barclays TIPS Bond Fund’s dividend payout ratio (DPR) is presently 96.37%.

A number of hedge funds have recently bought and sold shares of TIP. WealthShield LLC bought a new position in iShares Barclays TIPS Bond Fund in the 4th quarter worth approximately $109,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares Barclays TIPS Bond Fund in the 3rd quarter worth approximately $116,000. Citizens Financial Group Inc. RI bought a new position in iShares Barclays TIPS Bond Fund in the 3rd quarter worth approximately $117,000. C M Bidwell & Associates Ltd. bought a new position in iShares Barclays TIPS Bond Fund in the 4th quarter worth approximately $128,000. Finally, Trustcore Financial Services LLC bought a new position in iShares Barclays TIPS Bond Fund in the 4th quarter worth approximately $136,000.

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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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