Lyell Wealth Management LP Buys 491 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Lyell Wealth Management LP boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% in the third quarter, Holdings Channel.com reports. The fund owned 26,368 shares of the exchange traded fund’s stock after acquiring an additional 491 shares during the quarter. Lyell Wealth Management LP’s holdings in iShares TIPS Bond ETF were worth $2,913,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TIP. CWC Advisors LLC. purchased a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth $1,059,000. Sigma Investment Counselors Inc. increased its position in iShares TIPS Bond ETF by 2.6% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 37,508 shares of the exchange traded fund’s stock valued at $4,144,000 after buying an additional 963 shares in the last quarter. DORVAL Corp increased its position in iShares TIPS Bond ETF by 18.8% during the 3rd quarter. DORVAL Corp now owns 149,379 shares of the exchange traded fund’s stock valued at $16,263,000 after buying an additional 23,690 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its position in iShares TIPS Bond ETF by 102.0% during the 3rd 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 in the last quarter. Finally, Financial Architects LLC increased its holdings in shares of iShares TIPS Bond ETF by 4.0% in the third quarter. Financial Architects LLC now owns 6,535 shares of the exchange traded fund’s stock valued at $722,000 after purchasing an additional 250 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $108.27 on Friday. The firm has a market capitalization of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $102.46 and a fifty-two week high of $111.06. The stock’s 50-day simple moving average is $109.62 and its 200-day simple moving average is $107.76.

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).