DORVAL Corp Has $18.22 Million Position in iShares TIPS Bond ETF $TIP

DORVAL Corp grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 165,549 shares of the exchange traded fund’s stock after acquiring an additional 3,489 shares during the quarter. iShares TIPS Bond ETF comprises about 6.5% of DORVAL Corp’s portfolio, making the stock its 4th biggest holding. DORVAL Corp owned approximately 0.13% of iShares TIPS Bond ETF worth $18,217,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB lifted its position in shares of iShares TIPS Bond ETF by 4.3% during the 2nd quarter. Wilmington Savings Fund Society FSB now owns 10,600 shares of the exchange traded fund’s stock valued at $1,166,000 after acquiring an additional 440 shares during the period. CWM LLC lifted its position in shares of iShares TIPS Bond ETF by 3.4% during the 2nd quarter. CWM LLC now owns 53,359 shares of the exchange traded fund’s stock valued at $5,872,000 after acquiring an additional 1,776 shares during the period. Lodestar Private Asset Management LLC lifted its position in shares of iShares TIPS Bond ETF by 11.3% during the 2nd quarter. Lodestar Private Asset Management LLC now owns 42,232 shares of the exchange traded fund’s stock worth $4,647,000 after buying an additional 4,293 shares during the last quarter. Invictus Private Wealth LLC lifted its position in shares of iShares TIPS Bond ETF by 44.4% during the 2nd quarter. Invictus Private Wealth LLC now owns 16,600 shares of the exchange traded fund’s stock worth $1,827,000 after buying an additional 5,102 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth $1,651,000. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Down 0.1%

Shares of TIP stock opened at $111.67 on Wednesday. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The company has a market cap of $14.10 billion, a P/E ratio of 12.40 and a beta of 0.19. The business has a fifty day simple moving average of $111.04 and a 200 day simple moving average of $109.88.

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).