iShares TIPS Bond ETF $TIP Shares Purchased by Keybank National Association OH

Keybank National Association OH increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 596,704 shares of the exchange traded fund’s stock after purchasing an additional 4,387 shares during the quarter. Keybank National Association OH’s holdings in iShares TIPS Bond ETF were worth $65,661,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in iShares TIPS Bond ETF by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock worth $41,865,000 after acquiring an additional 9,526 shares in the last quarter. Arbor Investment Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.0% during the second quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock worth $34,600,000 after buying an additional 6,157 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 295.0% during the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 177 shares during the last quarter. Fiera Capital Corp grew its holdings in shares of iShares TIPS Bond ETF by 3.8% during the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock worth $495,000 after buying an additional 165 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in iShares TIPS Bond ETF by 48.0% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 26,128 shares of the exchange traded fund’s stock valued at $2,865,000 after purchasing an additional 8,474 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.5%

Shares of TIP opened at $111.44 on Thursday. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The stock’s 50 day moving average is $111.40 and its two-hundred day moving average is $110.05. The firm has a market capitalization of $14.04 billion, a PE ratio of 12.40 and a beta of 0.26.

iShares TIPS Bond ETF Company 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).