Huntington National Bank Grows Position in iShares TIPS Bond ETF $TIP

Huntington National Bank grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 309,687 shares of the exchange traded fund’s stock after buying an additional 21,135 shares during the quarter. Huntington National Bank owned approximately 0.24% of iShares TIPS Bond ETF worth $34,443,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TIP. Rock Creek Group LP increased its holdings in iShares TIPS Bond ETF by 18.5% in the 3rd quarter. Rock Creek Group LP now owns 296,008 shares of the exchange traded fund’s stock worth $32,922,000 after acquiring an additional 46,316 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. lifted its holdings in iShares TIPS Bond ETF by 16.3% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 59,115 shares of the exchange traded fund’s stock valued at $6,575,000 after purchasing an additional 8,304 shares in the last quarter. Mason Investment Advisory Services Inc. boosted its position in shares of iShares TIPS Bond ETF by 0.8% in the third quarter. Mason Investment Advisory Services Inc. now owns 19,371 shares of the exchange traded fund’s stock worth $2,154,000 after purchasing an additional 163 shares during the period. Integrated Advisors Network LLC increased its stake in shares of iShares TIPS Bond ETF by 1.4% in the third quarter. Integrated Advisors Network LLC now owns 15,828 shares of the exchange traded fund’s stock worth $1,760,000 after purchasing an additional 212 shares in the last quarter. Finally, AlphaCore Capital LLC increased its stake in shares of iShares TIPS Bond ETF by 25.5% in the third quarter. AlphaCore Capital LLC now owns 2,203 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 447 shares in the last quarter. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $111.88 on Friday. iShares TIPS Bond ETF has a one year low of $106.47 and a one year high of $112.26. The company’s fifty day moving average price is $110.50 and its 200-day moving average price is $110.86. The company has a market capitalization of $14.02 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.

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.