First United Bank & Trust Boosts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

First United Bank & Trust grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,620 shares of the exchange traded fund’s stock after buying an additional 162 shares during the quarter. First United Bank & Trust’s holdings in iShares TIPS Bond ETF were worth $386,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in iShares TIPS Bond ETF by 158.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,119 shares of the exchange traded fund’s stock valued at $229,000 after acquiring an additional 1,298 shares in the last quarter. Evergreen Capital Management LLC lifted its position in iShares TIPS Bond ETF by 2.6% during the second quarter. Evergreen Capital Management LLC now owns 33,274 shares of the exchange traded fund’s stock worth $3,553,000 after buying an additional 852 shares in the last quarter. Bank of Montreal Can boosted its stake in iShares TIPS Bond ETF by 5.2% during the second quarter. Bank of Montreal Can now owns 77,832 shares of the exchange traded fund’s stock worth $8,346,000 after buying an additional 3,838 shares during the last quarter. Marshall Wace LLP grew its holdings in iShares TIPS Bond ETF by 3.1% in the 2nd quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after buying an additional 16,839 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $3,191,000.

iShares TIPS Bond ETF Trading Up 0.0 %

Shares of TIP opened at $107.18 on Tuesday. The firm has a market capitalization of $18.60 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a 50-day moving average price of $107.42 and a 200 day moving average price of $108.31. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).