Huntington National Bank Raises Stake in iShares TIPS Bond ETF $TIP

Huntington National Bank boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 329,430 shares of the exchange traded fund’s stock after purchasing an additional 19,743 shares during the period. Huntington National Bank’s holdings in iShares TIPS Bond ETF were worth $36,208,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Woodside Wealth Management LLC lifted its stake in shares of iShares TIPS Bond ETF by 167.8% in the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 151 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $28,000. Holos Integrated Wealth LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $29,000. Pittenger & Anderson Inc. acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $34,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.1%

Shares of TIP opened at $110.88 on Thursday. The stock has a market cap of $14.67 billion, a P/E ratio of 12.40 and a beta of 0.27. The company has a 50-day moving average of $110.90 and a two-hundred day moving average of $110.74. iShares TIPS Bond ETF has a 12-month low of $108.07 and a 12-month high of $112.26.

About iShares TIPS Bond ETF

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.