First National Corp MA ADV Grows Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

First National Corp MA ADV boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.4% in the third quarter, Holdings Channel reports. The fund owned 7,504 shares of the exchange traded fund’s stock after purchasing an additional 945 shares during the quarter. First National Corp MA ADV’s holdings in iShares TIPS Bond ETF were worth $829,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF during the second quarter valued at approximately $26,000. YHB Investment Advisors Inc. purchased a new position in shares of iShares TIPS Bond ETF in the first quarter worth $30,000. Private Ocean LLC boosted its position in shares of 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 acquiring an additional 116 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth $36,000. Finally, Gradient Investments LLC raised its holdings in shares of iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded down $0.22 on Wednesday, reaching $109.23. The company’s stock had a trading volume of 185,095 shares, compared to its average volume of 1,914,636. The company has a market cap of $18.95 billion, a P/E ratio of 11.86 and a beta of 0.09. The company has a 50-day simple moving average of $109.45 and a 200 day simple moving average of $107.59. iShares TIPS Bond ETF has a 52-week low of $102.32 and a 52-week 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).