DORVAL Corp Increases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

DORVAL Corp increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 149,379 shares of the exchange traded fund’s stock after acquiring an additional 23,690 shares during the quarter. iShares TIPS Bond ETF comprises about 6.7% of DORVAL Corp’s holdings, making the stock its 5th biggest holding. DORVAL Corp’s holdings in iShares TIPS Bond ETF were worth $16,263,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL boosted its stake in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the period. Financial Architects LLC increased its stake in iShares TIPS Bond ETF by 4.0% in the 3rd quarter. Financial Architects LLC now owns 6,535 shares of the exchange traded fund’s stock worth $722,000 after acquiring an additional 250 shares during the last quarter. Impact Partnership Wealth LLC raised its holdings in shares of iShares TIPS Bond ETF by 27.0% in the 3rd quarter. Impact Partnership Wealth LLC now owns 36,799 shares of the exchange traded fund’s stock valued at $4,065,000 after acquiring an additional 7,813 shares in the last quarter. JMG Financial Group Ltd. boosted its position in shares of iShares TIPS Bond ETF by 17.1% during the 3rd quarter. JMG Financial Group Ltd. now owns 3,822 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 559 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.3 %

TIP stock opened at $108.27 on Friday. The company’s 50 day moving average is $109.62 and its 200 day moving average is $107.76. The stock has a market cap of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $102.46 and a 1-year high of $111.06.

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).