Carr Financial Group Corp Buys Shares of 5,583 iShares TIPS Bond ETF $TIP

Carr Financial Group Corp purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,583 shares of the exchange traded fund’s stock, valued at approximately $621,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hsbc Holdings PLC grew its stake in iShares TIPS Bond ETF by 4,627.6% during the 2nd quarter. Hsbc Holdings PLC now owns 2,910,259 shares of the exchange traded fund’s stock worth $320,274,000 after buying an additional 2,848,700 shares during the last quarter. Bank of America Corp DE raised its stake in iShares TIPS Bond ETF by 11.0% in the second quarter. Bank of America Corp DE now owns 12,965,639 shares of the exchange traded fund’s stock valued at $1,426,739,000 after buying an additional 1,281,679 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in iShares TIPS Bond ETF in the second quarter worth about $51,846,000. Partners Capital Investment Group LLP boosted its holdings in iShares TIPS Bond ETF by 80.5% in the first quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock worth $113,756,000 after acquiring an additional 456,633 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares TIPS Bond ETF by 43.0% during the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock worth $152,991,000 after acquiring an additional 417,901 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.1%

TIP opened at $110.29 on Thursday. The company has a market cap of $14.01 billion, a P/E ratio of 12.40 and a beta of 0.26. The firm’s 50-day moving average price is $111.08 and its 200-day moving average price is $110.49. iShares TIPS Bond ETF has a 52-week low of $106.04 and a 52-week high of $112.26.

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).