iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Pflug Koory LLC

Pflug Koory LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,348 shares of the exchange traded fund’s stock after acquiring an additional 210 shares during the quarter. Pflug Koory LLC’s holdings in iShares TIPS Bond ETF were worth $1,635,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TIP. Bank of Montreal Can boosted its stake in shares of iShares TIPS Bond ETF by 5.2% during the 2nd quarter. Bank of Montreal Can now owns 77,832 shares of the exchange traded fund’s stock worth $8,346,000 after acquiring an additional 3,838 shares in the last quarter. AlTi Global Inc. lifted its stake in shares of iShares TIPS Bond ETF by 16.6% in the second quarter. AlTi Global Inc. now owns 2,532 shares of the exchange traded fund’s stock worth $270,000 after buying an additional 361 shares in the last quarter. Daymark Wealth Partners LLC purchased a new position in iShares TIPS Bond ETF in the 2nd quarter worth approximately $703,000. The Manufacturers Life Insurance Company boosted its stake in iShares TIPS Bond ETF by 1,236.9% during the second quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock worth $3,168,000 after buying an additional 27,447 shares during the last quarter. Finally, Smith Thornton Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at about $740,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP opened at $107.43 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The firm has a market capitalization of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a 50-day moving average price of $107.38 and a 200 day moving average price of $108.30.

iShares TIPS Bond ETF 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).