Rhumbline Advisers raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP – Get Rating) by 6.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 241,945 shares of the exchange traded fund’s stock after purchasing an additional 14,968 shares during the period. Rhumbline Advisers owned about 0.09% of iShares TIPS Bond ETF worth $27,560,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of TIP. Verity Asset Management Inc. purchased a new position in iShares TIPS Bond ETF during the first quarter worth approximately $25,000. Ritter Daniher Financial Advisory LLC DE purchased a new position in iShares TIPS Bond ETF during the second quarter worth approximately $28,000. Avion Wealth purchased a new position in iShares TIPS Bond ETF during the first quarter worth approximately $37,000. Tompkins Financial Corp purchased a new position in iShares TIPS Bond ETF during the first quarter worth approximately $38,000. Finally, Northern Trust Corp lifted its position in iShares TIPS Bond ETF by 3.7% during the first quarter. Northern Trust Corp now owns 33,068 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,176 shares in the last quarter.
iShares TIPS Bond ETF Trading Up 0.6 %
Shares of iShares TIPS Bond ETF stock opened at $107.57 on Thursday. iShares TIPS Bond ETF has a one year low of $104.63 and a one year high of $130.22. The business’s 50 day moving average price is $106.48 and its 200 day moving average price is $112.39.
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).
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