iShares TIPS Bond ETF $TIP Shares Newly Purchased by Gibson Capital LLC

Gibson Capital LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,840 shares of the exchange traded fund’s stock, valued at approximately $608,000.

Several other hedge funds also recently made changes to their positions in the stock. Capital Investment Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $1,296,000. Wedbush Securities Inc. purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at about $658,000. Christensen King & Associates Investment Services Inc. lifted its stake in iShares TIPS Bond ETF by 9.2% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 9,039 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 760 shares during the last quarter. WASHINGTON TRUST Co purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $1,124,000. Finally, Colony Family Offices LLC raised its holdings in shares of iShares TIPS Bond ETF by 7.6% during the 3rd quarter. Colony Family Offices LLC now owns 2,605 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 184 shares in the last quarter. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Down 0.1%

Shares of NYSEARCA:TIP opened at $106.24 on Friday. The company’s fifty day moving average is $105.77 and its 200 day moving average is $108.19. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.04. The stock has a market cap of $14.55 billion, a PE ratio of 12.40 and a beta of 0.27.

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). 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.