Regal Wealth Group Inc. Has $6.13 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Regal Wealth Group Inc. raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,020 shares of the exchange traded fund’s stock after purchasing an additional 559 shares during the quarter. iShares TIPS Bond ETF accounts for about 3.7% of Regal Wealth Group Inc.’s portfolio, making the stock its 9th largest position. Regal Wealth Group Inc.’s holdings in iShares TIPS Bond ETF were worth $6,132,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in TIP. BlackRock Inc. raised its stake in shares of iShares TIPS Bond ETF by 7.1% in the second quarter. BlackRock Inc. now owns 23,960,847 shares of the exchange traded fund’s stock valued at $3,067,229,000 after acquiring an additional 1,583,803 shares during the period. Man Group plc raised its stake in shares of iShares TIPS Bond ETF by 341.1% in the second quarter. Man Group plc now owns 879,258 shares of the exchange traded fund’s stock valued at $112,554,000 after acquiring an additional 679,925 shares during the period. Bank of America Corp DE raised its stake in shares of iShares TIPS Bond ETF by 2.5% in the second quarter. Bank of America Corp DE now owns 17,513,297 shares of the exchange traded fund’s stock valued at $2,241,877,000 after acquiring an additional 420,891 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares TIPS Bond ETF by 15.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,910,937 shares of the exchange traded fund’s stock valued at $372,626,000 after acquiring an additional 399,232 shares during the period. Finally, Qube Research & Technologies Ltd raised its stake in shares of iShares TIPS Bond ETF by 177.1% in the second quarter. Qube Research & Technologies Ltd now owns 601,877 shares of the exchange traded fund’s stock valued at $77,046,000 after acquiring an additional 384,705 shares during the period.

Shares of TIP traded up $0.40 during midday trading on Thursday, hitting $129.20. The stock had a trading volume of 2,725,279 shares, compared to its average volume of 3,404,267. iShares TIPS Bond ETF has a 1 year low of $123.51 and a 1 year high of $131.37. The company’s 50 day moving average is $128.87.

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).

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

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