First National Trust Co Raises Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

First National Trust Co grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,865 shares of the exchange traded fund’s stock after acquiring an additional 533 shares during the quarter. First National Trust Co’s holdings in iShares TIPS Bond ETF were worth $537,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TIP. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the second quarter valued at about $26,000. Private Ocean LLC lifted its stake in shares of iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 116 shares during the period. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF in the third quarter worth approximately $37,000. Gradient Investments LLC boosted its holdings in shares of iShares TIPS Bond ETF by 352.7% in the second 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. Finally, Hobbs Group Advisors LLC bought a new stake in iShares TIPS Bond ETF during the second quarter valued at approximately $40,000.

iShares TIPS Bond ETF Trading Down 0.2 %

TIP opened at $107.44 on Thursday. iShares TIPS Bond ETF has a 1-year low of $103.76 and a 1-year high of $111.06. The firm’s 50 day simple moving average is $109.39 and its two-hundred day simple moving average is $107.99. The company has a market capitalization of $18.64 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).