Cordant Inc. Purchases 1,951 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Cordant Inc. boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,278 shares of the exchange traded fund’s stock after purchasing an additional 1,951 shares during the period. iShares TIPS Bond ETF comprises 1.2% of Cordant Inc.’s holdings, making the stock its 16th biggest holding. Cordant Inc.’s holdings in iShares TIPS Bond ETF were worth $2,267,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF during the second quarter valued at approximately $26,000. Eastern Bank purchased a new position in iShares TIPS Bond ETF during the 3rd quarter valued at $37,000. Strategic Investment Solutions Inc. IL grew its position in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares during the last quarter. Sound Income Strategies LLC increased its stake in iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC lifted its position in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.7 %

NYSEARCA TIP opened at $107.00 on Thursday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The company’s 50-day moving average price is $107.48 and its 200-day moving average price is $108.29. The stock has a market cap of $18.56 billion, a PE ratio of 11.86 and a beta of 0.09.

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).