iShares TIPS Bond ETF $TIP Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 99.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,787 shares of the exchange traded fund’s stock after purchasing an additional 41,847 shares during the period. Private Advisor Group LLC owned about 0.07% of iShares TIPS Bond ETF worth $9,319,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after buying an additional 1,102 shares in the last quarter. AQR Capital Management LLC purchased a new stake in iShares TIPS Bond ETF during the 1st quarter worth about $432,000. Goldman Sachs Group Inc. increased its position in iShares TIPS Bond ETF by 82.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock worth $54,099,000 after purchasing an additional 219,598 shares in the last quarter. Bank of Montreal Can raised its stake in iShares TIPS Bond ETF by 3.3% in the 2nd quarter. Bank of Montreal Can now owns 26,530 shares of the exchange traded fund’s stock valued at $2,919,000 after purchasing an additional 847 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in iShares TIPS Bond ETF by 4.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 392,801 shares of the exchange traded fund’s stock valued at $43,224,000 after purchasing an additional 15,949 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $111.07 on Thursday. The stock has a market capitalization of $13.92 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12-month low of $106.47 and a 12-month high of $112.26. The firm’s 50-day moving average is $110.72 and its two-hundred day moving average is $110.93.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.