Pinnacle Bancorp Inc. Grows Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Pinnacle Bancorp Inc. lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,777 shares of the exchange traded fund’s stock after acquiring an additional 343 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares TIPS Bond ETF were worth $296,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF during the 2nd quarter worth approximately $26,000. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $37,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC raised its stake in iShares TIPS Bond ETF by 28.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $107.00 on Thursday. The business’s 50-day simple moving average is $107.48 and its two-hundred day simple moving average is $108.29. The company has a market cap of $18.56 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two 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).