Cerity Partners LLC Buys 61,848 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Cerity Partners LLC grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 76.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,893 shares of the exchange traded fund’s stock after purchasing an additional 61,848 shares during the period. Cerity Partners LLC’s holdings in iShares TIPS Bond ETF were worth $15,785,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $26,000. Private Ocean LLC increased its position in shares of iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Gradient Investments LLC boosted its holdings in shares of iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares during the last quarter. Eastern Bank purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $37,000. Finally, Hobbs Group Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at approximately $40,000.

iShares TIPS Bond ETF Trading Up 0.5 %

NYSEARCA:TIP opened at $108.36 on Tuesday. The firm’s 50 day moving average is $108.99 and its 200 day moving average is $108.11. iShares TIPS Bond ETF has a 12 month low of $104.25 and a 12 month high of $111.06. The stock has a market capitalization of $18.80 billion, a PE 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).