Carnegie Investment Counsel Has $485,000 Holdings in iShares TIPS Bond ETF $TIP

Carnegie Investment Counsel lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,409 shares of the exchange traded fund’s stock after purchasing an additional 1,110 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares TIPS Bond ETF were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of TIP. 3EDGE Asset Management LP grew its holdings in shares of iShares TIPS Bond ETF by 96.5% during the 1st quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock worth $173,431,000 after purchasing an additional 766,851 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $51,846,000. Partners Capital Investment Group LLP grew its holdings in shares of iShares TIPS Bond ETF by 80.5% during the 1st quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock worth $113,756,000 after purchasing an additional 456,633 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares TIPS Bond ETF by 45.0% during the 1st quarter. Ameriprise Financial Inc. now owns 971,032 shares of the exchange traded fund’s stock worth $108,387,000 after purchasing an additional 301,463 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in shares of iShares TIPS Bond ETF during the 1st quarter worth approximately $33,327,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.0%

Shares of NYSEARCA:TIP opened at $111.97 on Monday. The firm has a market capitalization of $14.04 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 1-year low of $106.04 and a 1-year high of $112.26. The business’s 50 day moving average is $111.30 and its 200-day moving average is $109.98.

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).