Oppenheimer & Co. Inc. Buys 2,782 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Oppenheimer & Co. Inc. grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,120 shares of the exchange traded fund’s stock after buying an additional 2,782 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares TIPS Bond ETF were worth $1,781,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF in the second quarter worth about $26,000. Private Ocean LLC grew its holdings 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 buying an additional 116 shares in the last quarter. Gradient Investments LLC lifted its holdings 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 buying an additional 261 shares in the last quarter. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF during the third quarter worth $37,000. Finally, Hobbs Group Advisors LLC purchased a new position in iShares TIPS Bond ETF during the second quarter valued at $40,000.

iShares TIPS Bond ETF Stock Up 0.0 %

TIP opened at $107.45 on Monday. iShares TIPS Bond ETF has a 52 week low of $104.18 and a 52 week high of $111.06. The firm has a 50-day simple moving average of $109.27 and a two-hundred day simple moving average of $108.03. The company has a market capitalization of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09.

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).