Archford Capital Strategies LLC Boosts Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Archford Capital Strategies LLC increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 31,459 shares of the exchange traded fund’s stock after acquiring an additional 2,473 shares during the quarter. iShares TIPS Bond ETF comprises 0.9% of Archford Capital Strategies LLC’s holdings, making the stock its 25th largest position. Archford Capital Strategies LLC’s holdings in iShares TIPS Bond ETF were worth $4,017,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. increased its position in iShares TIPS Bond ETF by 7.1% during the 2nd quarter. BlackRock Inc. now owns 23,960,847 shares of the exchange traded fund’s stock valued at $3,067,229,000 after purchasing an additional 1,583,803 shares during the period. Man Group plc grew its position in shares of iShares TIPS Bond ETF by 341.1% in the 2nd quarter. Man Group plc now owns 879,258 shares of the exchange traded fund’s stock worth $112,554,000 after buying an additional 679,925 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares TIPS Bond ETF by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 17,513,297 shares of the exchange traded fund’s stock worth $2,241,877,000 after buying an additional 420,891 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares TIPS Bond ETF by 15.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,910,937 shares of the exchange traded fund’s stock worth $372,626,000 after buying an additional 399,232 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of iShares TIPS Bond ETF by 177.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 601,877 shares of the exchange traded fund’s stock worth $77,046,000 after buying an additional 384,705 shares during the last quarter.

TIP stock opened at $129.20 on Thursday. The stock has a 50 day moving average of $128.87. iShares TIPS Bond ETF has a 52 week low of $123.51 and a 52 week high of $131.37.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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