Creekside Partners Takes $1.05 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Creekside Partners acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 9,848 shares of the exchange traded fund’s stock, valued at approximately $1,052,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Colony Family Offices LLC raised its position in shares of iShares TIPS Bond ETF by 5.4% during the first quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 97 shares during the period. Citizens & Northern Corp lifted its stake in iShares TIPS Bond ETF by 3.0% in the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 102 shares in the last quarter. TNF LLC lifted its stake in iShares TIPS Bond ETF by 1.1% in the second quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after buying an additional 105 shares in the last quarter. Regal Investment Advisors LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2.0% in the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the period. Finally, Private Ocean LLC increased 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 in the last quarter.

iShares TIPS Bond ETF Trading Up 0.3 %

TIP opened at $110.71 on Wednesday. The stock has a market capitalization of $19.21 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $111.06. The firm’s fifty day simple moving average is $109.20 and its 200 day simple moving average is $107.48.

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).