Arbor Investment Advisors LLC Has $31.93 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Arbor Investment Advisors LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 289,067 shares of the exchange traded fund’s stock after purchasing an additional 9,887 shares during the period. iShares TIPS Bond ETF accounts for approximately 4.2% of Arbor Investment Advisors LLC’s portfolio, making the stock its 7th largest position. Arbor Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $31,933,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TIP. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in iShares TIPS Bond ETF in the 1st quarter valued at $201,931,000. Sumitomo Life Insurance Co. bought a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $102,200,000. Envestnet Asset Management Inc. raised its position in shares of iShares TIPS Bond ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after acquiring an additional 410,284 shares during the last quarter. International Assets Investment Management LLC lifted its stake in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares during the period. Finally, Quotient Wealth Partners LLC boosted its stake in iShares TIPS Bond ETF by 6,782.8% during the 2nd quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after acquiring an additional 365,458 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of TIP traded down $0.34 during trading hours on Monday, reaching $107.93. The stock had a trading volume of 777,946 shares, compared to its average volume of 1,887,561. iShares TIPS Bond ETF has a 52 week low of $102.46 and a 52 week high of $111.06. The firm has a 50-day moving average of $109.62 and a 200 day moving average of $107.79. The company has a market cap of $18.73 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).