Insigneo Advisory Services LLC Acquires 487 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Insigneo Advisory Services LLC grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 26,452 shares of the exchange traded fund’s stock after acquiring an additional 487 shares during the quarter. Insigneo Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $2,939,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth about $26,000. Copia Wealth Management purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. NBC Securities Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter valued at approximately $26,000. Transce3nd LLC purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $29,000. Finally, Godsey & Gibb Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 1st quarter worth approximately $29,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.45 on Tuesday. The firm has a market capitalization of $13.81 billion, a PE ratio of 12.40 and a beta of 0.28. The stock’s fifty day moving average is $108.86 and its 200 day moving average is $108.57. iShares TIPS Bond ETF has a fifty-two week low of $105.85 and a fifty-two week high of $111.51.

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).