Samalin Investment Counsel LLC bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 37,041 shares of the exchange traded fund’s stock, valued at approximately $3,854,000. iShares TIPS Bond ETF makes up approximately 1.2% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 21st largest position.
Other institutional investors and hedge funds have also modified their holdings of the company. CX Institutional acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth about $29,000. Eastern Bank purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter worth approximately $35,000. Timbuktu Capital Management LLC purchased a new stake in iShares TIPS Bond ETF during the 2nd quarter worth approximately $52,000. Realta Investment Advisors increased its stake in 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 buying an additional 320 shares in the last quarter. Finally, Root Financial Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 39.0% during the first quarter. Root Financial Partners LLC now owns 524 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Price Performance
Shares of iShares TIPS Bond ETF stock opened at $106.24 on Monday. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $112.04. The stock has a market capitalization of $14.55 billion, a P/E ratio of 12.40 and a beta of 0.27. The business has a 50 day simple moving average of $105.77 and a two-hundred day simple moving average of $108.17.
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). 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.
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