6,674 Shares of iShares TIPS Bond ETF $TIP Acquired by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,674 shares of the exchange traded fund’s stock, valued at approximately $694,000.

A number of other hedge funds have also bought and sold shares of the business. Wernau Asset Management Inc. boosted its holdings in iShares TIPS Bond ETF by 4.6% in the 1st quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock valued at $228,000 after purchasing an additional 91 shares during the period. Foster & Motley Inc. grew its position in shares of iShares TIPS Bond ETF by 0.3% during the 1st quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock worth $3,646,000 after purchasing an additional 92 shares in the last quarter. Auour Investments LLC grew its position in shares of iShares TIPS Bond ETF by 2.3% during the 1st quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after purchasing an additional 93 shares in the last quarter. Kintra Wealth LLC increased its holdings in shares of iShares TIPS Bond ETF by 3.4% during the second quarter. Kintra Wealth LLC now owns 2,834 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 94 shares during the period. Finally, FC Advisory LLC increased its holdings in shares of iShares TIPS Bond ETF by 1.9% during the second quarter. FC Advisory LLC now owns 5,445 shares of the exchange traded fund’s stock worth $596,000 after purchasing an additional 102 shares during the period. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Up 0.2%

Shares of TIP traded up $0.25 during mid-day trading on Friday, hitting $105.54. 1,864,196 shares of the company’s stock were exchanged, compared to its average volume of 2,217,424. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.24. The stock’s 50-day simple moving average is $105.89 and its 200-day simple moving average is $108.36. The firm has a market cap of $14.46 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.