Peapack Gladstone Financial Corp Has $4.80 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Peapack Gladstone Financial Corp lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 25.8% in the third quarter, HoldingsChannel reports. The firm owned 43,432 shares of the exchange traded fund’s stock after purchasing an additional 8,920 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares TIPS Bond ETF were worth $4,798,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Tidal Investments LLC grew its holdings in shares of iShares TIPS Bond ETF by 8.3% during the third quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock valued at $1,867,000 after buying an additional 1,289 shares in the last quarter. Wilmington Savings Fund Society FSB grew its stake in iShares TIPS Bond ETF by 302.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,160 shares of the exchange traded fund’s stock valued at $1,122,000 after acquiring an additional 7,637 shares in the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of iShares TIPS Bond ETF by 24.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 33,752 shares of the exchange traded fund’s stock valued at $3,724,000 after purchasing an additional 6,648 shares during the period. Valued Retirements Inc. purchased a new stake in shares of iShares TIPS Bond ETF in the third quarter worth approximately $930,000. Finally, Barclays PLC boosted its holdings in shares of iShares TIPS Bond ETF by 96.9% during the third quarter. Barclays PLC now owns 56,475 shares of the exchange traded fund’s stock worth $6,238,000 after purchasing an additional 27,792 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $107.78 on Friday. The company has a market capitalization of $18.70 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s 50 day moving average price is $108.44 and its 200 day moving average price is $108.30. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06.

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).