Sanctuary Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 236,247 shares of the exchange traded fund’s stock, valued at approximately $24,990,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $26,000. YHB Investment Advisors Inc. bought a new position in shares of iShares TIPS Bond ETF in the first quarter valued at $30,000. Private Ocean LLC increased its holdings in iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares during the last quarter. Salem Investment Counselors Inc. bought a new stake in iShares TIPS Bond ETF during the first quarter worth $36,000. Finally, Gradient Investments LLC lifted its stake in 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 valued at $36,000 after acquiring an additional 261 shares during the last quarter.
iShares TIPS Bond ETF Stock Down 0.1 %
Shares of NYSEARCA TIP opened at $110.60 on Thursday. The business’s 50 day moving average price is $109.27 and its two-hundred day moving average price is $107.50. The company has a market cap of $19.19 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $111.06.
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).
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