iShares TIPS Bond ETF $TIP Stock Bought by Cypress Capital LLC

Cypress Capital LLC lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 185,046 shares of the exchange traded fund’s stock after buying an additional 23,673 shares during the period. iShares TIPS Bond ETF comprises 5.1% of Cypress Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Cypress Capital LLC owned approximately 0.14% of iShares TIPS Bond ETF worth $19,252,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. CX Institutional purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $29,000. Eastern Bank acquired a new position in iShares TIPS Bond ETF during the 3rd quarter valued at about $35,000. Timbuktu Capital Management LLC bought a new position in iShares TIPS Bond ETF during the second quarter valued at about $52,000. Realta Investment Advisors boosted its stake in shares of iShares TIPS Bond ETF by 159.2% during the 1st quarter. Realta Investment Advisors now owns 521 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 320 shares in the last quarter. Finally, NBT Bank N A NY lifted its stake in 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 acquiring an additional 412 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Up 0.1%

TIP stock traded up $0.07 during mid-day trading on Tuesday, hitting $105.33. The stock had a trading volume of 771,525 shares, compared to its average volume of 2,207,664. iShares TIPS Bond ETF has a 1-year low of $103.75 and a 1-year high of $112.24. The company has a fifty day moving average of $105.86 and a 200 day moving average of $108.31. The stock has a market capitalization of $14.43 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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.