Connable Office Inc. Grows Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Connable Office Inc. increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,774 shares of the exchange traded fund’s stock after buying an additional 1,767 shares during the period. Connable Office Inc.’s holdings in iShares TIPS Bond ETF were worth $2,645,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Mitsubishi UFJ Trust & Banking Corp acquired a new position in iShares TIPS Bond ETF during the first quarter worth $201,931,000. Sumitomo Life Insurance Co. increased its position in iShares TIPS Bond ETF by 102.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock worth $137,555,000 after purchasing an additional 648,150 shares during the period. Evoke Wealth LLC raised its position in iShares TIPS Bond ETF by 181.8% in the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after acquiring an additional 803,988 shares in the last quarter. Campbell Wealth Management boosted its holdings in iShares TIPS Bond ETF by 2.0% during the fourth quarter. Campbell Wealth Management now owns 506,023 shares of the exchange traded fund’s stock worth $54,392,000 after buying an additional 9,857 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in iShares TIPS Bond ETF by 30.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after purchasing an additional 107,653 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of NYSEARCA TIP opened at $109.49 on Monday. The company’s 50-day moving average price is $108.05 and its 200 day moving average price is $107.05. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $109.99. The stock has a market cap of $19.00 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

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).