NorthLanding Financial Partners LLC Grows Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

NorthLanding Financial Partners LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,207 shares of the exchange traded fund’s stock after purchasing an additional 260 shares during the quarter. iShares TIPS Bond ETF accounts for 0.5% of NorthLanding Financial Partners LLC’s holdings, making the stock its 26th largest holding. NorthLanding Financial Partners LLC’s holdings in iShares TIPS Bond ETF were worth $448,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $26,000. Eastern Bank purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter worth about $37,000. Strategic Investment Solutions Inc. IL boosted its stake in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC grew its holdings in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC increased its position in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 194 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $107.26 on Wednesday. The company’s 50 day simple moving average is $107.39 and its two-hundred day simple moving average is $108.31. The stock has a market capitalization of $18.61 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).