Park Place Capital Corp Has $926,000 Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Park Place Capital Corp lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 27.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,380 shares of the exchange traded fund’s stock after selling 3,220 shares during the period. Park Place Capital Corp’s holdings in iShares TIPS Bond ETF were worth $926,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Inscription Capital LLC grew its stake in shares of iShares TIPS Bond ETF by 78.9% in the 1st quarter. Inscription Capital LLC now owns 7,315 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 3,225 shares during the period. Kingfisher Capital LLC boosted its stake in iShares TIPS Bond ETF by 4.3% in the 4th quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $859,000 after buying an additional 327 shares in the last quarter. Confluence Wealth Services Inc. bought a new stake in iShares TIPS Bond ETF in the second quarter valued at $213,000. TIAA Trust National Association raised its stake in iShares TIPS Bond ETF by 3.2% during the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock worth $9,447,000 after acquiring an additional 2,776 shares in the last quarter. Finally, Buck Wealth Strategies LLC raised its stake in iShares TIPS Bond ETF by 1,108.6% during the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock worth $7,267,000 after acquiring an additional 62,426 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded down $0.13 on Tuesday, hitting $109.14. The stock had a trading volume of 552,224 shares, compared to its average volume of 1,916,340. The firm’s 50 day moving average price is $109.37 and its 200-day moving average price is $107.56. iShares TIPS Bond ETF has a twelve month low of $102.32 and a twelve month high of $111.06. The company has a market capitalization of $18.94 billion, a price-to-earnings 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).