Dorsey Wright & Associates Makes New Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Dorsey Wright & Associates acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,126 shares of the exchange traded fund’s stock, valued at approximately $761,000.

Several other institutional investors have also added to or reduced their stakes in the company. Colony Family Offices LLC lifted its stake in iShares TIPS Bond ETF by 5.4% in the first quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 97 shares during the last quarter. Citizens & Northern Corp raised its stake in shares of iShares TIPS Bond ETF by 3.0% during the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after acquiring an additional 102 shares in the last quarter. TNF LLC raised its stake in shares of iShares TIPS Bond ETF by 1.1% during the second quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after acquiring an additional 105 shares in the last quarter. Private Ocean LLC raised its stake in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 116 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of iShares TIPS Bond ETF by 0.9% during the first quarter. Principal Financial Group Inc. now owns 13,577 shares of the exchange traded fund’s stock valued at $1,458,000 after acquiring an additional 117 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $110.54 on Friday. The company has a 50 day moving average price of $108.99 and a 200-day moving average price of $107.39. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $111.06. The company has a market capitalization of $19.18 billion, a PE ratio of 11.86 and a beta of 0.09.

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).