Mutual Advisors LLC grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 53.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,530 shares of the exchange traded fund’s stock after purchasing an additional 1,225 shares during the quarter. Mutual Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $411,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Enterprise Trust & Investment Co acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Strategic Blueprint LLC acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $27,000. Coastal Capital Group Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $28,000. Northern Trust Corp grew its position in shares of iShares TIPS Bond ETF by 8.4% during the 2nd quarter. Northern Trust Corp now owns 25,642 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 1,993 shares during the period. Finally, Shufro Rose & Co. LLC acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $30,000.
In other iShares TIPS Bond ETF news, insider Coleman Howard purchased 57,500 shares of iShares TIPS Bond ETF stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average price of $0.80 per share, with a total value of $46,000.00.
Shares of TIP stock traded down $0.19 during trading hours on Friday, hitting $115.44. 165,980 shares of the company were exchanged, compared to its average volume of 1,298,306. iShares TIPS Bond ETF has a fifty-two week low of $107.53 and a fifty-two week high of $118.21. The company has a 50 day simple moving average of $116.15 and a two-hundred day simple moving average of $115.38.
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).
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