International Assets Investment Management LLC Grows Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

International Assets Investment Management LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10,652.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 402,031 shares of the exchange traded fund’s stock after acquiring an additional 398,292 shares during the period. International Assets Investment Management LLC owned about 0.23% of iShares TIPS Bond ETF worth $44,412,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $37,000. Calton & Associates Inc. increased its stake in iShares TIPS Bond ETF by 5.8% in the third quarter. Calton & Associates Inc. now owns 13,795 shares of the exchange traded fund’s stock valued at $1,524,000 after purchasing an additional 754 shares during the last quarter. Pure Portfolios Holdings LLC acquired a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $1,677,000. Slow Capital Inc. lifted its position in shares of iShares TIPS Bond ETF by 2.0% during the 3rd quarter. Slow Capital Inc. now owns 52,265 shares of the exchange traded fund’s stock worth $5,774,000 after buying an additional 1,020 shares during the last quarter. Finally, KMG Fiduciary Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $108.27 on Monday. iShares TIPS Bond ETF has a 12 month low of $102.46 and a 12 month high of $111.06. The firm has a market capitalization of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average price is $109.62 and its 200 day moving average price is $107.79.

About iShares TIPS Bond ETF

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).