Coastline Trust Co Invests $210,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Coastline Trust Co acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,898 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after acquiring an additional 398,292 shares during the last quarter. Confluence Wealth Services Inc. acquired a new position in shares of iShares TIPS Bond ETF during the second quarter valued at about $213,000. TIAA Trust National Association increased its holdings in shares of iShares TIPS Bond ETF by 3.2% during the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock valued at $9,447,000 after acquiring an additional 2,776 shares in the last quarter. Buck Wealth Strategies LLC lifted its stake in shares of iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after buying an additional 62,426 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in iShares TIPS Bond ETF in the 2nd quarter valued at about $27,453,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $107.45 on Friday. The company has a market capitalization of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a 50-day simple moving average of $109.27 and a two-hundred day simple moving average of $108.01. iShares TIPS Bond ETF has a 52-week low of $104.18 and a 52-week 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).