Keybank National Association OH Buys 20,050 Shares of iShares TIPS Bond ETF $TIP

Keybank National Association OH lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 616,754 shares of the exchange traded fund’s stock after purchasing an additional 20,050 shares during the period. Keybank National Association OH owned 0.48% of iShares TIPS Bond ETF worth $68,595,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TIP. Fermata Advisors LLC increased its holdings in iShares TIPS Bond ETF by 16.0% during the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock worth $5,240,000 after acquiring an additional 6,514 shares during the period. Carr Financial Group Corp bought a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter valued at about $621,000. Arbor Investment Advisors LLC lifted its position in iShares TIPS Bond ETF by 2.0% during the second quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock valued at $34,600,000 after purchasing an additional 6,157 shares during the last quarter. Avalon Trust Co lifted its holdings in shares of 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 worth $190,000 after acquiring an additional 1,449 shares during the last quarter. Finally, Ethos Financial Group LLC lifted its stake in 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 purchasing an additional 30,925 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $110.48 on Friday. The company has a market capitalization of $13.91 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26. The business has a 50 day moving average of $110.32 and a 200 day moving average of $110.71.

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.