Cwm LLC Has $13 Million Stock Position in iShares TIPS Bond ETF $TIP

Cwm LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 119.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 116,840 shares of the exchange traded fund’s stock after acquiring an additional 63,481 shares during the period. Cwm LLC owned about 0.09% of iShares TIPS Bond ETF worth $12,995,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Gladwyn Financial Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the 2nd quarter valued at about $25,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares TIPS Bond ETF during the second quarter valued at approximately $28,000. Grove Bank & Trust acquired a new position in iShares TIPS Bond ETF in the 2nd quarter valued at approximately $31,000. ST Germain D J Co. Inc. lifted its position in iShares TIPS Bond ETF by 160.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 325 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 200 shares in the last quarter. Finally, Hilltop National Bank purchased a new stake in iShares TIPS Bond ETF in the 2nd quarter worth approximately $36,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.0%

Shares of NYSEARCA:TIP opened at $110.05 on Monday. The firm has a fifty day moving average of $110.86 and a two-hundred day moving average of $110.58. iShares TIPS Bond ETF has a 12-month low of $106.09 and a 12-month high of $112.26. The firm has a market capitalization of $13.98 billion, a P/E ratio of 12.40 and a beta of 0.26.

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.