LPL Financial LLC Has $117.62 Million Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

LPL Financial LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,103,898 shares of the exchange traded fund’s stock after purchasing an additional 52,479 shares during the quarter. LPL Financial LLC owned about 0.64% of iShares TIPS Bond ETF worth $117,620,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Citigroup Inc. increased its holdings in shares of iShares TIPS Bond ETF by 17.9% during the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after acquiring an additional 21,755 shares in the last quarter. Cerity Partners LLC increased its stake in iShares TIPS Bond ETF by 76.3% during the 3rd quarter. Cerity Partners LLC now owns 142,893 shares of the exchange traded fund’s stock valued at $15,785,000 after purchasing an additional 61,848 shares in the last quarter. Centaurus Financial Inc. acquired a new position in iShares TIPS Bond ETF during the third quarter worth $169,000. FMR LLC lifted its stake in shares of iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after buying an additional 3,608,542 shares in the last quarter. Finally, Insight Wealth Partners LLC grew its holdings in shares of iShares TIPS Bond ETF by 3.7% during the third quarter. Insight Wealth Partners LLC now owns 42,745 shares of the exchange traded fund’s stock valued at $4,722,000 after buying an additional 1,510 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $109.82 on Tuesday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The company has a market cap of $14.30 billion, a PE ratio of 12.32 and a beta of 0.28. The firm has a 50-day moving average of $108.73 and a 200-day moving average of $108.55.

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).