Norden Group LLC Buys 4,014 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Norden Group LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 50.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,007 shares of the exchange traded fund’s stock after purchasing an additional 4,014 shares during the quarter. Norden Group LLC’s holdings in iShares TIPS Bond ETF were worth $1,279,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC raised its holdings in iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 100 shares during the last quarter. FC Advisory LLC increased its position in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock worth $733,000 after acquiring an additional 117 shares during the last quarter. Colony Family Offices LLC raised its holdings in shares of iShares TIPS Bond ETF by 7.0% in the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 133 shares during the last quarter. Finally, TI Trust Inc. lifted its position in iShares TIPS Bond ETF by 0.7% in the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after acquiring an additional 147 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $110.34 on Monday. The firm has a market capitalization of $14.12 billion, a P/E ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The stock has a 50 day moving average price of $107.67 and a two-hundred day moving average price of $108.46.

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).