Mirae Asset Global Investments Co. Ltd. Buys 67,673 Shares of iShares TIPS Bond ETF $TIP

Mirae Asset Global Investments Co. Ltd. increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 75.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 157,673 shares of the exchange traded fund’s stock after acquiring an additional 67,673 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares TIPS Bond ETF were worth $17,536,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. 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 purchasing an additional 6,514 shares during the period. Carr Financial Group Corp purchased a new position in shares of iShares TIPS Bond ETF during the third quarter valued at $621,000. Arbor Investment Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% in 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 acquiring an additional 6,157 shares in the last quarter. Avalon Trust Co lifted its stake in iShares TIPS Bond ETF by 526.9% in the second 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 period. Finally, Ethos Financial Group LLC grew its holdings in iShares TIPS Bond ETF by 21.3% during the 2nd 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 Trading Down 0.0%

Shares of NYSEARCA TIP opened at $110.48 on Friday. iShares TIPS Bond ETF has a 12-month low of $106.47 and a 12-month high of $112.26. The stock’s fifty day simple moving average is $110.32 and its two-hundred day simple moving average is $110.71. The stock has a market capitalization of $13.91 billion, a PE 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.