TIAA Trust National Association Buys 108 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

TIAA Trust National Association lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.1% in the first quarter, HoldingsChannel reports. The fund owned 85,692 shares of the exchange traded fund’s stock after acquiring an additional 108 shares during the period. TIAA Trust National Association’s holdings in iShares TIPS Bond ETF were worth $9,212,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in TIP. Colony Family Offices LLC boosted its stake in iShares TIPS Bond ETF by 5.4% in the 1st quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 97 shares during the period. Clear Investment Research LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after acquiring an additional 103 shares in the last quarter. Archer Investment Corp raised its holdings in shares of iShares TIPS Bond ETF by 10.1% during the 4th quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock worth $136,000 after acquiring an additional 116 shares in the last quarter. Principal Financial Group Inc. raised its holdings in iShares TIPS Bond ETF by 0.9% during the 1st quarter. Principal Financial Group Inc. now owns 13,577 shares of the exchange traded fund’s stock valued at $1,458,000 after buying an additional 117 shares during the period. Finally, Inscription Capital LLC raised its holdings in iShares TIPS Bond ETF by 3.0% during the 4th quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock valued at $440,000 after buying an additional 119 shares during the period.

iShares TIPS Bond ETF Stock Performance

TIP stock traded down $0.26 during midday trading on Friday, reaching $107.31. The company’s stock had a trading volume of 1,948,197 shares, compared to its average volume of 2,042,493. The stock has a fifty day simple moving average of $106.76 and a two-hundred day simple moving average of $106.64. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $108.54. The firm has a market capitalization of $18.62 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).