6,040 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Grandview Asset Management LLC

Grandview Asset Management LLC acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,040 shares of the exchange traded fund’s stock, valued at approximately $644,000.

Other institutional investors have also modified their holdings of the company. FMR LLC raised its position in shares of iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter worth approximately $102,200,000. International Assets Investment Management LLC raised 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 valued at $44,412,000 after acquiring an additional 398,292 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $24,990,000. Finally, Invst LLC boosted its stake in shares of iShares TIPS Bond ETF by 2,678.4% in the second quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock worth $21,789,000 after acquiring an additional 198,312 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $106.22 on Tuesday. The stock has a 50 day moving average price of $107.52 and a 200 day moving average price of $108.29. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The stock has a market capitalization of $18.43 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).