Parkside Financial Bank & Trust Purchases 8,915 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Parkside Financial Bank & Trust raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 77.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,382 shares of the exchange traded fund’s stock after purchasing an additional 8,915 shares during the quarter. iShares TIPS Bond ETF accounts for about 0.8% of Parkside Financial Bank & Trust’s holdings, making the stock its 21st biggest holding. Parkside Financial Bank & Trust’s holdings in iShares TIPS Bond ETF were worth $2,370,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. First Financial Bank Trust Division raised its position in shares of iShares TIPS Bond ETF by 7.2% during the second quarter. First Financial Bank Trust Division now owns 2,548 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 171 shares during the last quarter. Summit Financial Group Inc. bought a new position in shares of iShares TIPS Bond ETF during the second quarter worth about $380,000. Ellenbecker Investment Group raised its position in shares of iShares TIPS Bond ETF by 141.7% during the second quarter. Ellenbecker Investment Group now owns 6,208 shares of the exchange traded fund’s stock worth $717,000 after acquiring an additional 3,639 shares during the last quarter. Carroll Financial Associates Inc. raised its position in shares of iShares TIPS Bond ETF by 30.9% during the second quarter. Carroll Financial Associates Inc. now owns 1,884 shares of the exchange traded fund’s stock worth $217,000 after acquiring an additional 445 shares during the last quarter. Finally, Signature Wealth Management Group raised its position in shares of iShares TIPS Bond ETF by 2.3% during the second quarter. Signature Wealth Management Group now owns 41,609 shares of the exchange traded fund’s stock worth $4,770,000 after acquiring an additional 938 shares during the last quarter.

Shares of TIP traded down $0.07 during mid-day trading on Friday, reaching $115.56. 742,237 shares of the company were exchanged, compared to its average volume of 1,295,744. iShares TIPS Bond ETF has a 52 week low of $108.38 and a 52 week high of $118.21. The business has a 50 day simple moving average of $116.14 and a two-hundred day simple moving average of $115.39.

In related news, insider Coleman Howard acquired 57,500 shares of the stock in a transaction dated Friday, October 25th. The stock was bought at an average cost of $0.80 per share, for a total transaction of $46,000.00.

iShares TIPS Bond ETF Company 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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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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