Fulton Breakefield Broenniman LLC Has $9.15 Million Position in iShares TIPS Bond ETF $TIP

Fulton Breakefield Broenniman LLC reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,118 shares of the exchange traded fund’s stock after selling 3,889 shares during the period. Fulton Breakefield Broenniman LLC owned about 0.07% of iShares TIPS Bond ETF worth $9,146,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in shares of iShares TIPS Bond ETF by 7.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,161,741 shares of the exchange traded fund’s stock valued at $240,148,000 after acquiring an additional 141,703 shares in the last quarter. Sumitomo Life Insurance Co. boosted its position in iShares TIPS Bond ETF by 10.0% in the first quarter. Sumitomo Life Insurance Co. now owns 1,607,733 shares of the exchange traded fund’s stock valued at $178,603,000 after buying an additional 145,987 shares in the last quarter. 3EDGE Asset Management LP boosted its position in iShares TIPS Bond ETF by 96.5% in the first quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock valued at $173,431,000 after buying an additional 766,851 shares in the last quarter. LPL Financial LLC boosted its position in iShares TIPS Bond ETF by 3.2% in the first quarter. LPL Financial LLC now owns 1,138,764 shares of the exchange traded fund’s stock valued at $126,505,000 after buying an additional 34,866 shares in the last quarter. Finally, Partners Capital Investment Group LLP boosted its position in iShares TIPS Bond ETF by 80.5% in the first quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock valued at $113,756,000 after buying an additional 456,633 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Up 0.1%

NYSEARCA:TIP opened at $111.25 on Thursday. The firm has a market cap of $14.02 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 12 month low of $106.04 and a 12 month high of $112.26. The company’s 50-day moving average price is $110.93 and its two-hundred day moving average price is $109.84.

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).