Golub Group LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 453,864 shares of the exchange traded fund’s stock after purchasing an additional 3,013 shares during the period. iShares TIPS Bond ETF accounts for approximately 4.2% of Golub Group LLC’s portfolio, making the stock its 4th biggest position. Golub Group LLC’s holdings in iShares TIPS Bond ETF were worth $52,780,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TIP. Enterprise Trust & Investment Co acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter worth about $26,000. Strategic Blueprint LLC acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $27,000. Coastal Capital Group Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth about $28,000. Shufro Rose & Co. LLC acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $30,000. Finally, Garrett Wealth Advisory Group LLC acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $33,000.
In other iShares TIPS Bond ETF news, insider Coleman Howard acquired 57,500 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was acquired at an average price of $0.80 per share, with a total value of $46,000.00.
Shares of NYSEARCA TIP traded down $0.07 during trading hours on Friday, hitting $115.56. 742,237 shares of the company’s stock were exchanged, compared to its average volume of 1,295,744. iShares TIPS Bond ETF has a 1-year low of $108.38 and a 1-year high of $118.21. The company’s 50-day moving average price is $116.14 and its 200-day moving average price is $115.39.
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).
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