Saxon Interests Inc. lessened its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 8.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,600 shares of the exchange traded fund’s stock after selling 1,175 shares during the quarter. Saxon Interests Inc.’s holdings in iShares TIPS Bond ETF were worth $1,464,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in TIP. BlackRock Inc. boosted its position in iShares TIPS Bond ETF by 1.7% during the first quarter. BlackRock Inc. now owns 28,341,483 shares of the exchange traded fund’s stock worth $3,124,649,000 after purchasing an additional 462,216 shares during the period. FMR LLC grew its stake in iShares TIPS Bond ETF by 40.7% in the 1st quarter. FMR LLC now owns 7,353,341 shares of the exchange traded fund’s stock valued at $810,706,000 after buying an additional 2,127,591 shares during the last quarter. State Street Corp raised its holdings in iShares TIPS Bond ETF by 3.6% in the 3rd quarter. State Street Corp now owns 1,452,969 shares of the exchange traded fund’s stock worth $152,416,000 after acquiring an additional 50,689 shares during the period. Sumitomo Life Insurance Co. lifted its position in iShares TIPS Bond ETF by 256.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,309,485 shares of the exchange traded fund’s stock worth $144,371,000 after acquiring an additional 942,207 shares during the last quarter. Finally, Matson Money. Inc. lifted its position in shares of iShares TIPS Bond ETF by 2.1% during the 1st quarter. Matson Money. Inc. now owns 1,274,297 shares of the exchange traded fund’s stock worth $140,491,000 after purchasing an additional 26,810 shares during the last quarter.
iShares TIPS Bond ETF Stock Down 0.1 %
Shares of TIP traded down $0.11 during mid-day trading on Tuesday, hitting $105.22. The company’s stock had a trading volume of 1,025,047 shares, compared to its average volume of 3,438,773. iShares TIPS Bond ETF has a one year low of $104.57 and a one year high of $111.26. The stock’s 50-day moving average is $106.09 and its two-hundred day moving average is $107.77.
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).
- Five stocks we like better than iShares TIPS Bond ETF
- Why Invest in 5G? How to Invest in 5G Stocks
- Hold-It-Forever AutoZone Pulls into Buy Zone
- Are Stock Buybacks Good for the Average Investor?
- Virtual Riches: 3 Stocks Leading the VR Revolution
- What Investors Need to Know to Beat the Market
- 5 eCommerce Companies that need to be on Your Watch List
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.