8,106 Shares of iShares TIPS Bond ETF $TIP Purchased by Palisade Asset Management LLC

Palisade Asset Management LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 8,106 shares of the exchange traded fund’s stock, valued at approximately $843,000.

Other hedge funds have also recently modified their holdings of the company. Kintra Wealth LLC lifted its stake in shares of iShares TIPS Bond ETF by 3.4% in the 2nd quarter. Kintra Wealth LLC now owns 2,834 shares of the exchange traded fund’s stock worth $304,000 after acquiring an additional 94 shares during the period. FC Advisory LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.9% in the second quarter. FC Advisory LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $596,000 after acquiring an additional 102 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.6% in the second quarter. Capital Analysts LLC now owns 7,217 shares of the exchange traded fund’s stock valued at $790,000 after acquiring an additional 114 shares in the last quarter. TFB Advisors LLC increased its stake in shares of iShares TIPS Bond ETF by 1.7% during the third quarter. TFB Advisors LLC now owns 7,508 shares of the exchange traded fund’s stock worth $781,000 after acquiring an additional 123 shares during the period. Finally, Matrix Trust Co increased its stake in shares of iShares TIPS Bond ETF by 3.3% during the second quarter. Matrix Trust Co now owns 4,124 shares of the exchange traded fund’s stock worth $451,000 after acquiring an additional 131 shares during the period. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Up 0.0%

Shares of NYSEARCA:TIP opened at $106.27 on Friday. The company has a market cap of $14.59 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $111.98. The company has a 50-day moving average price of $105.58 and a 200 day moving average price of $108.75.

iShares TIPS Bond ETF Profile

(Free Report)

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.

Recommended Stories

• Five stocks we like better than iShares TIPS Bond ETF
• Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
• Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
• Sandisk Shares Are Oversold: Bargain or Value Trap?
• IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report).