4,428 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Purchased by Sovran Advisors LLC

Sovran Advisors LLC purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,428 shares of the exchange traded fund’s stock, valued at approximately $471,000.

Other institutional investors have also recently bought and sold shares of the company. First United Bank & Trust boosted its position in iShares TIPS Bond ETF by 3.2% during the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after acquiring an additional 108 shares during the period. Tsfg LLC lifted its position in shares of iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after purchasing an additional 93 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new stake in shares of iShares TIPS Bond ETF in the third quarter worth approximately $102,200,000. Vontobel Holding Ltd. lifted its position in shares of iShares TIPS Bond ETF by 4.1% in the third quarter. Vontobel Holding Ltd. now owns 17,519 shares of the exchange traded fund’s stock worth $1,935,000 after purchasing an additional 694 shares in the last quarter. Finally, Curran Financial Partners LLC increased its stake in iShares TIPS Bond ETF by 0.8% in the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after buying an additional 145 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP opened at $107.81 on Thursday. The business has a 50-day moving average of $107.40 and a 200-day moving average of $108.40. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The company has a market capitalization of $18.71 billion, a PE ratio of 11.86 and a beta of 0.09.

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).