Pinnacle Financial Partners Inc Purchases 233 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Pinnacle Financial Partners Inc boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,154 shares of the exchange traded fund’s stock after acquiring an additional 233 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares TIPS Bond ETF were worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of TIP. FMR LLC lifted its holdings in iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. raised its position in shares of iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after acquiring an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA raised its position in shares of iShares TIPS Bond ETF by 52.6% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after acquiring an additional 147,849 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after acquiring an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

TIP stock opened at $108.92 on Monday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The firm has a market cap of $18.90 billion, a PE ratio of 11.86 and a beta of 0.09. The business has a 50 day moving average of $107.40 and a 200 day moving average of $108.42.

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).