Dorsey & Whitney Trust CO LLC Purchases 3,900 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Dorsey & Whitney Trust CO LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 21.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,186 shares of the exchange traded fund’s stock after acquiring an additional 3,900 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares TIPS Bond ETF were worth $2,369,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Colony Family Offices LLC increased its stake in shares of iShares TIPS Bond ETF by 5.4% during 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 last quarter. Citizens & Northern Corp raised its stake in iShares TIPS Bond ETF by 3.0% in the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 102 shares during the period. Clear Investment Research LLC lifted its position in shares of iShares TIPS Bond ETF by 2.0% in the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $570,000 after buying an additional 103 shares during the last quarter. TNF LLC boosted its stake in shares of iShares TIPS Bond ETF by 1.1% during the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock worth $1,079,000 after acquiring an additional 105 shares during the period. Finally, Private Ocean LLC increased its holdings in shares of iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $109.74 on Tuesday. The business has a fifty day simple moving average of $108.13 and a two-hundred day simple moving average of $107.08. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $109.99. The company has a market capitalization of $19.04 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).