Florin Court Capital LLP Makes New Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Florin Court Capital LLP purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,400 shares of the exchange traded fund’s stock, valued at approximately $903,000. iShares TIPS Bond ETF makes up about 1.0% of Florin Court Capital LLP’s investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in TIP. Ritholtz Wealth Management increased its position in iShares TIPS Bond ETF by 5.0% in the 3rd quarter. Ritholtz Wealth Management now owns 3,892 shares of the exchange traded fund’s stock valued at $404,000 after acquiring an additional 187 shares during the period. Meridian Wealth Management LLC lifted its holdings in iShares TIPS Bond ETF by 42.0% during the 3rd quarter. Meridian Wealth Management LLC now owns 14,780 shares of the exchange traded fund’s stock worth $1,533,000 after buying an additional 4,370 shares during the period. Private Trust Co. NA grew its position in shares of iShares TIPS Bond ETF by 36.9% in the 3rd quarter. Private Trust Co. NA now owns 7,028 shares of the exchange traded fund’s stock valued at $729,000 after buying an additional 1,893 shares during the last quarter. Strategic Blueprint LLC increased its stake in shares of iShares TIPS Bond ETF by 187.5% in the third quarter. Strategic Blueprint LLC now owns 13,614 shares of the exchange traded fund’s stock valued at $1,412,000 after buying an additional 8,879 shares during the period. Finally, Hanlon Investment Management Inc. bought a new position in shares of iShares TIPS Bond ETF during the third quarter worth about $3,612,000.

iShares TIPS Bond ETF Trading Up 0.2 %

NYSEARCA:TIP traded up $0.25 on Friday, reaching $105.76. 615,432 shares of the stock traded hands, compared to its average volume of 2,174,511. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.47. The company’s 50 day moving average is $106.54 and its 200-day moving average is $105.90. The firm has a market capitalization of $18.57 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09.

About iShares TIPS Bond ETF

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).