iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by Bank of Montreal Can

Bank of Montreal Can increased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,832 shares of the exchange traded fund’s stock after buying an additional 3,838 shares during the quarter. Bank of Montreal Can’s holdings in iShares TIPS Bond ETF were worth $8,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. YHB Investment Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at $30,000. Private Ocean LLC grew its stake in 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 valued at $31,000 after purchasing an additional 116 shares during the last quarter. Salem Investment Counselors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the first quarter valued at about $36,000. Gradient Investments LLC raised its stake in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF during the second quarter worth about $40,000.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:TIP opened at $110.47 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $111.06. The company has a market cap of $19.17 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s 50 day moving average is $109.12 and its 200 day moving average is $107.45.

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).