ORG Partners LLC Takes $340,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

ORG Partners LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,185 shares of the exchange traded fund’s stock, valued at approximately $340,000.

Other hedge funds have also recently bought and sold shares of the company. YHB Investment Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the first quarter worth $30,000. First Pacific Financial grew its stake in shares of iShares TIPS Bond ETF by 197.0% in the 1st quarter. First Pacific Financial now owns 294 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 195 shares in the last quarter. Pacific Capital Wealth Advisors Inc. acquired a new position in iShares TIPS Bond ETF in the fourth quarter worth approximately $33,000. Salem Investment Counselors Inc. acquired a new position in iShares TIPS Bond ETF in the first quarter worth approximately $36,000. Finally, LifeSteps Financial Inc. acquired a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $45,000.

iShares TIPS Bond ETF Trading Down 0.1 %

NYSEARCA TIP traded down $0.06 during trading on Wednesday, hitting $108.66. 516,130 shares of the company traded hands, compared to its average volume of 1,976,268. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $109.13. The business has a fifty day simple moving average of $107.25 and a 200 day simple moving average of $106.74. The company has a market capitalization of $18.85 billion, a P/E ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

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).