Csenge Advisory Group Has $368,000 Position in iShares TIPS Bond ETF $TIP

Csenge Advisory Group cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 78.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,311 shares of the exchange traded fund’s stock after selling 11,914 shares during the period. Csenge Advisory Group’s holdings in iShares TIPS Bond ETF were worth $368,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of iShares TIPS Bond ETF by 8.0% during the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after buying an additional 1,102 shares in the last quarter. AQR Capital Management LLC bought a new position in iShares TIPS Bond ETF during the first quarter worth $432,000. Goldman Sachs Group Inc. grew its holdings in iShares TIPS Bond ETF by 82.1% in the first quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock worth $54,099,000 after purchasing an additional 219,598 shares during the period. Armstrong Advisory Group Inc. grew its holdings in iShares TIPS Bond ETF by 72.2% in the second quarter. Armstrong Advisory Group Inc. now owns 2,133 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 894 shares during the period. Finally, Golden State Equity Partners increased its stake in iShares TIPS Bond ETF by 3.5% in the second quarter. Golden State Equity Partners now owns 5,763 shares of the exchange traded fund’s stock valued at $634,000 after purchasing an additional 194 shares in the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $109.69 on Wednesday. The company’s 50-day moving average is $110.40 and its 200-day moving average is $110.67. The stock has a market capitalization of $13.97 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $106.47 and a 1 year high of $112.26.

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.