Valen Private Capital LLC Acquires New Position in iShares TIPS Bond ETF $TIP

Valen Private Capital LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 111,885 shares of the exchange traded fund’s stock, valued at approximately $11,641,000. iShares TIPS Bond ETF makes up about 3.6% of Valen Private Capital LLC’s investment portfolio, making the stock its 6th biggest position. Valen Private Capital LLC owned 0.08% of iShares TIPS Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Middleton & Co. Inc. MA acquired a new stake in iShares TIPS Bond ETF during the 3rd quarter worth about $362,000. Sowell Financial Services LLC purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at about $878,000. Ascent Wealth Partners LLC purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at about $2,062,000. Evergreen Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the third quarter worth about $4,369,000. Finally, Barrett & Company Inc. acquired a new position in shares of iShares TIPS Bond ETF in the third quarter worth about $125,000. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $106.24 on Friday. The firm’s 50 day simple moving average is $105.77 and its 200-day simple moving average is $108.19. The company has a market cap of $14.55 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a fifty-two week low of $103.75 and a fifty-two week high of $112.04.

About iShares TIPS Bond ETF

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.