Klingman & Associates LLC Has $243,000 Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Klingman & Associates LLC lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,196 shares of the exchange traded fund’s stock after purchasing an additional 155 shares during the quarter. Klingman & Associates LLC’s holdings in iShares TIPS Bond ETF were worth $243,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TIP. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Private Ocean LLC raised its stake in iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 116 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of iShares TIPS Bond ETF by 352.7% during the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 261 shares during the period. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Finally, Hobbs Group Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth about $40,000.

iShares TIPS Bond ETF Stock Up 0.3 %

Shares of iShares TIPS Bond ETF stock opened at $108.57 on Friday. The stock has a market capitalization of $18.84 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $103.19 and a 12-month high of $111.06. The company has a 50-day simple moving average of $109.43 and a 200 day simple moving average of $107.92.

iShares TIPS Bond ETF Company 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).