Great Valley Advisor Group Inc. Has $6.66 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Great Valley Advisor Group Inc. grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,291 shares of the exchange traded fund’s stock after buying an additional 2,120 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares TIPS Bond ETF were worth $6,660,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. William B. Walkup & Associates Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth about $26,000. Private Ocean LLC lifted its position in 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 worth $31,000 after acquiring an additional 116 shares during the last quarter. Gradient Investments LLC boosted its holdings in shares of iShares TIPS Bond ETF by 352.7% during the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares during the period. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $37,000. Finally, Hobbs Group Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the second quarter worth approximately $40,000.

iShares TIPS Bond ETF Trading Up 0.1 %

NYSEARCA:TIP opened at $107.77 on Friday. The stock has a 50 day simple moving average of $109.04 and a 200 day simple moving average of $108.08. The stock has a market cap of $18.70 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.19 and a 1-year 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).