iShares TIPS Bond ETF $TIP Stock: DORVAL Corp Boosts Holdings

DORVAL Corp boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 124,128 shares of the exchange traded fund’s stock after buying an additional 4,910 shares during the quarter. iShares TIPS Bond ETF makes up about 3.7% of DORVAL Corp’s investment portfolio, making the stock its 16th biggest holding. DORVAL Corp’s holdings in iShares TIPS Bond ETF were worth $12,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $127,000. DecisionMap Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 4.4% during the 3rd quarter. DecisionMap Wealth Management LLC now owns 7,043 shares of the exchange traded fund’s stock valued at $733,000 after acquiring an additional 296 shares in the last quarter. Bell Investment Advisors Inc bought a new position in iShares TIPS Bond ETF during the third quarter worth $39,000. Mirae Asset Global Investments Co. Ltd. bought a new position in iShares TIPS Bond ETF during the third quarter worth $14,044,000. Finally, Aviance Capital Partners LLC bought a new position in iShares TIPS Bond ETF during the third quarter worth $915,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $106.40 on Tuesday. The company has a market cap of $14.59 billion, a PE ratio of 12.40 and a beta of 0.27. The company has a fifty day moving average price of $105.68 and a two-hundred day moving average price of $108.83. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $111.98.

iShares TIPS Bond ETF Company 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.