Nwam LLC Has $3.22 Million Stock Holdings in iShares TIPS Bond ETF $TIP

Nwam LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 29,307 shares of the exchange traded fund’s stock after purchasing an additional 1,836 shares during the period. Nwam LLC’s holdings in iShares TIPS Bond ETF were worth $3,219,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of TIP. Bank of New York Mellon Corp lifted its holdings in iShares TIPS Bond ETF by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock worth $41,865,000 after purchasing an additional 9,526 shares during the last quarter. Arbor Investment Advisors LLC increased its position in iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock worth $34,600,000 after buying an additional 6,157 shares during the period. Ethos Financial Group LLC increased its position in iShares TIPS Bond ETF by 21.3% during the 2nd quarter. Ethos Financial Group LLC now owns 176,445 shares of the exchange traded fund’s stock worth $19,416,000 after buying an additional 30,925 shares during the period. Fiera Capital Corp lifted its holdings in shares of iShares TIPS Bond ETF by 3.8% during the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock worth $495,000 after buying an additional 165 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in shares of iShares TIPS Bond ETF by 48.0% in the second quarter. Chicago Partners Investment Group LLC now owns 26,128 shares of the exchange traded fund’s stock valued at $2,865,000 after acquiring an additional 8,474 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP stock opened at $110.92 on Tuesday. iShares TIPS Bond ETF has a 52 week low of $106.04 and a 52 week high of $112.26. The company has a market capitalization of $14.09 billion, a PE ratio of 12.40 and a beta of 0.26. The company’s 50-day simple moving average is $111.40 and its 200 day simple moving average is $110.18.

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).