Cypress Capital LLC Acquires 23,673 Shares of iShares TIPS Bond ETF $TIP

Cypress Capital LLC raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 185,046 shares of the exchange traded fund’s stock after buying an additional 23,673 shares during the period. iShares TIPS Bond ETF accounts for about 5.1% of Cypress Capital LLC’s investment portfolio, making the stock its 5th biggest position. Cypress Capital LLC’s holdings in iShares TIPS Bond ETF were worth $19,252,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. CX Institutional bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $29,000. Eastern Bank bought a new position in iShares TIPS Bond ETF during the 3rd quarter worth $35,000. Timbuktu Capital Management LLC acquired a new position in iShares TIPS Bond ETF in the second quarter valued at about $52,000. Realta Investment Advisors raised its position in shares of iShares TIPS Bond ETF by 159.2% in the 1st quarter. Realta Investment Advisors now owns 521 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 320 shares in the last quarter. Finally, NBT Bank N A NY lifted its stake in iShares TIPS Bond ETF by 374.5% during the first quarter. NBT Bank N A NY now owns 522 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 412 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP traded up $0.07 during trading hours on Tuesday, hitting $105.33. The company’s stock had a trading volume of 771,525 shares, compared to its average volume of 2,207,664. The company has a market capitalization of $14.43 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a twelve month low of $103.75 and a twelve month high of $112.24. The stock has a fifty day simple moving average of $105.86 and a 200-day simple moving average of $108.31.

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). 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.