Addison Capital Co Raises Holdings in iShares TIPS Bond ETF $TIP

Addison Capital Co lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 92.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 37,534 shares of the exchange traded fund’s stock after acquiring an additional 17,993 shares during the quarter. Addison Capital Co’s holdings in iShares TIPS Bond ETF were worth $4,142,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TIP. Park Avenue Securities LLC increased its stake in iShares TIPS Bond ETF by 339.0% in the 4th quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock worth $3,042,000 after acquiring an additional 21,372 shares during the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares TIPS Bond ETF during the third quarter valued at $834,000. Bank of America Corp DE increased its holdings in iShares TIPS Bond ETF by 32.3% in the third quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock valued at $1,908,042,000 after buying an additional 4,189,926 shares in the last quarter. Keybank National Association OH increased its holdings in iShares TIPS Bond ETF by 3.0% in the fourth quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after buying an additional 18,437 shares in the last quarter. Finally, Envision Financial LLC raised its position in shares of iShares TIPS Bond ETF by 200.0% in the fourth quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock worth $989,000 after acquiring an additional 6,000 shares during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.3%

NYSEARCA:TIP opened at $108.17 on Wednesday. iShares TIPS Bond ETF has a 52 week low of $108.11 and a 52 week high of $112.26. The stock’s 50-day moving average price is $110.05 and its 200-day moving average price is $110.47. The stock has a market capitalization of $14.52 billion, a PE ratio of 12.40 and a beta of 0.26.

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.