iShares TIPS Bond ETF $TIP is Cypress Capital LLC’s 5th Largest Position

Cypress Capital LLC lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.8% during the third quarter, Holdings Channel reports. The institutional investor owned 163,991 shares of the exchange traded fund’s stock after selling 6,476 shares during the quarter. iShares TIPS Bond ETF accounts for 5.2% of Cypress Capital LLC’s holdings, making the stock its 5th largest holding. Cypress Capital LLC’s holdings in iShares TIPS Bond ETF were worth $18,239,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TIP. Fermata Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 16.0% in the third quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock valued at $5,240,000 after purchasing an additional 6,514 shares during the period. Carr Financial Group Corp bought a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $621,000. Arbor Investment Advisors LLC grew its stake in iShares TIPS Bond ETF by 2.0% in the 2nd quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock valued at $34,600,000 after buying an additional 6,157 shares in the last quarter. Avalon Trust Co raised its holdings in iShares TIPS Bond ETF by 526.9% during the 2nd quarter. Avalon Trust Co now owns 1,724 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 1,449 shares during the period. Finally, Ethos Financial Group LLC lifted its position in shares of iShares TIPS Bond ETF by 21.3% during the second quarter. Ethos Financial Group LLC now owns 176,445 shares of the exchange traded fund’s stock worth $19,416,000 after acquiring an additional 30,925 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $110.25 on Thursday. The firm has a market capitalization of $13.96 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a one year low of $106.09 and a one year high of $112.26. The business has a fifty day moving average price of $110.56 and a 200-day moving average price of $110.63.

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.