Florin Court Capital LLP Has $1.43 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Florin Court Capital LLP raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 168.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,900 shares of the exchange traded fund’s stock after purchasing an additional 8,100 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 1.1% of Florin Court Capital LLP’s investment portfolio, making the stock its 24th biggest position. Florin Court Capital LLP’s holdings in iShares TIPS Bond ETF were worth $1,425,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TIP. Oppenheimer & Co. Inc. grew its holdings in iShares TIPS Bond ETF by 20.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 16,120 shares of the exchange traded fund’s stock worth $1,781,000 after acquiring an additional 2,782 shares during the period. Meridian Management Co. boosted its stake in iShares TIPS Bond ETF by 5.0% during the 3rd quarter. Meridian Management Co. now owns 100,756 shares of the exchange traded fund’s stock valued at $11,130,000 after purchasing an additional 4,819 shares during the last quarter. First National Trust Co lifted its position in shares of iShares TIPS Bond ETF by 12.3% during the 3rd quarter. First National Trust Co now owns 4,865 shares of the exchange traded fund’s stock worth $537,000 after buying an additional 533 shares in the last quarter. TRU Independence Asset Management 2 LLC bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $442,000. Finally, Tyler Stone Wealth Management lifted its position in shares of iShares TIPS Bond ETF by 95.8% during the 3rd quarter. Tyler Stone Wealth Management now owns 2,303 shares of the exchange traded fund’s stock worth $254,000 after buying an additional 1,127 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.2 %

NYSEARCA:TIP opened at $107.44 on Thursday. The stock has a market capitalization of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50 day moving average is $109.39 and its 200 day moving average is $107.99. iShares TIPS Bond ETF has a 12 month low of $103.76 and a 12 month high of $111.06.

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).