Addison Capital Co Has $1.39 Million Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Addison Capital Co increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.1% in the third quarter, Holdings Channel reports. The institutional investor owned 12,551 shares of the exchange traded fund’s stock after buying an additional 253 shares during the period. Addison Capital Co’s holdings in iShares TIPS Bond ETF were worth $1,387,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Confluence Wealth Services Inc. bought a new position in iShares TIPS Bond ETF in the second quarter valued at approximately $213,000. TIAA Trust National Association increased its stake in iShares TIPS Bond ETF by 3.2% in the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock valued at $9,447,000 after acquiring an additional 2,776 shares during the last quarter. Buck Wealth Strategies LLC increased its stake in iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after acquiring an additional 62,426 shares during the last quarter. Nisa Investment Advisors LLC bought a new position in iShares TIPS Bond ETF in the second quarter valued at approximately $27,453,000. Finally, SMI Advisory Services LLC bought a new position in iShares TIPS Bond ETF in the first quarter valued at approximately $3,934,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $108.99 on Friday. The company’s 50 day simple moving average is $109.60 and its 200 day simple moving average is $107.69. The stock has a market capitalization of $18.91 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 $102.32 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).