Concorde Asset Management LLC Buys 6,887 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Concorde Asset Management LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 335.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,942 shares of the exchange traded fund’s stock after acquiring an additional 6,887 shares during the period. Concorde Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,132,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Equitec Proprietary Markets LLC bought a new position in iShares TIPS Bond ETF in the third quarter valued at $25,000. Gemmer Asset Management LLC grew its position in iShares TIPS Bond ETF by 202.7% in the second quarter. Gemmer Asset Management LLC now owns 224 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 150 shares in the last quarter. Atlas Capital Advisors LLC bought a new position in iShares TIPS Bond ETF in the second quarter valued at $37,000. Anderson Fisher LLC bought a new position in iShares TIPS Bond ETF in the second quarter valued at $38,000. Finally, Kore Private Wealth LLC grew its position in iShares TIPS Bond ETF by 2,000.0% in the second quarter. Kore Private Wealth LLC now owns 315 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 300 shares in the last quarter.

iShares TIPS Bond ETF stock traded up $0.11 during mid-day trading on Monday, reaching $125.96. The company’s stock had a trading volume of 37,579 shares, compared to its average volume of 2,290,940. iShares TIPS Bond ETF has a 12 month low of $107.37 and a 12 month high of $127.28. The business’s 50 day simple moving average is $126.29 and its 200 day simple moving average is $123.95.

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).

Recommended Story: How to calculate compound interest

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.