iShares TIPS Bond ETF $TIP Shares Bought by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 314,433 shares of the exchange traded fund’s stock after acquiring an additional 6,157 shares during the quarter. iShares TIPS Bond ETF comprises approximately 4.4% of Arbor Investment Advisors LLC’s holdings, making the stock its 8th largest position. Arbor Investment Advisors LLC owned approximately 0.25% of iShares TIPS Bond ETF worth $34,600,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Gladwyn Financial Advisors Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $25,000. Golden State Wealth Management LLC raised its stake in shares of iShares TIPS Bond ETF by 295.0% in the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 177 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $28,000. Finally, Rossby Financial LCC bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $30,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP opened at $111.68 on Monday. iShares TIPS Bond ETF has a one year low of $106.04 and a one year high of $112.26. The stock’s fifty day moving average is $111.12 and its 200-day moving average is $109.89. The company has a market capitalization of $14.13 billion, a PE ratio of 12.40 and a beta of 0.19.

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).