iShares TIPS Bond ETF $TIP Shares Newly Acquired by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,674 shares of the exchange traded fund’s stock, valued at approximately $694,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. TD Capital Management LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $25,000. CX Institutional acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $29,000. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $35,000. Timbuktu Capital Management LLC bought a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $52,000. Finally, Realta Investment Advisors lifted its holdings in shares of iShares TIPS Bond ETF by 159.2% during the 1st quarter. Realta Investment Advisors now owns 521 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 320 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP traded up $0.25 during trading hours on Friday, hitting $105.54. 1,864,196 shares of the stock were exchanged, compared to its average volume of 2,217,424. The company has a market cap of $14.46 billion, a PE ratio of 12.40 and a beta of 0.27. The company’s fifty day simple moving average is $105.89 and its two-hundred day simple moving average is $108.36. iShares TIPS Bond ETF has a 1-year low of $103.75 and a 1-year high of $112.24.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.