15,970 Shares of iShares TIPS Bond ETF $TIP Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought 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 and Exchange Commission (SEC). The fund bought 15,970 shares of the exchange traded fund’s stock, valued at approximately $1,662,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CX Institutional acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at about $29,000. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $35,000. Timbuktu Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $52,000. NBT Bank N A NY grew its stake in shares of iShares TIPS Bond ETF by 374.5% in the 1st quarter. NBT Bank N A NY now owns 522 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 412 shares during the last quarter. Finally, Root Financial Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 39.0% in the 1st quarter. Root Financial Partners LLC now owns 524 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 147 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $106.69 on Monday. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $111.98. The company has a market capitalization of $14.63 billion, a P/E ratio of 12.40 and a beta of 0.27. The company’s 50 day simple moving average is $105.69 and its 200 day simple moving average is $108.85.

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.