iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Boosted by Pinnacle Financial Partners Inc.

Pinnacle Financial Partners Inc. increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 98.0% during the second quarter, HoldingsChannel reports. The firm owned 406 shares of the exchange traded fund’s stock after acquiring an additional 201 shares during the period. Pinnacle Financial Partners Inc.’s holdings in iShares TIPS Bond ETF were worth $50,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. BDO Wealth Advisors LLC increased its stake in iShares TIPS Bond ETF by 80.0% in the 1st quarter. BDO Wealth Advisors LLC now owns 225 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 100 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its position in iShares TIPS Bond ETF by 104.2% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 241 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 123 shares during the period. Anderson Fisher LLC acquired a new stake in iShares TIPS Bond ETF during the 2nd quarter worth about $38,000. Caprin Asset Management LLC ADV acquired a new stake in iShares TIPS Bond ETF during the 1st quarter worth about $47,000. Finally, Paragon Capital Management LLC acquired a new stake in iShares TIPS Bond ETF during the 1st quarter worth about $51,000.

Shares of NYSEARCA TIP opened at $125.86 on Friday. iShares TIPS Bond ETF has a one year low of $107.37 and a one year high of $125.92. The business has a 50-day moving average price of $123.49 and a two-hundred day moving average price of $120.55.

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).

See Also: What is the Difference Between Common Shares and Convertible Shares?

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

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

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