6,326 Shares of iShares TIPS Bond ETF $TIP Bought by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,326 shares of the exchange traded fund’s stock, valued at approximately $658,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kintra Wealth LLC raised its position in shares of iShares TIPS Bond ETF by 3.4% in the second quarter. Kintra Wealth LLC now owns 2,834 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 94 shares in the last quarter. FC Advisory LLC raised its holdings in iShares TIPS Bond ETF by 1.9% in the 2nd quarter. FC Advisory LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $596,000 after acquiring an additional 102 shares in the last quarter. Capital Analysts LLC lifted its position in shares of iShares TIPS Bond ETF by 1.6% during the 2nd quarter. Capital Analysts LLC now owns 7,217 shares of the exchange traded fund’s stock valued at $790,000 after acquiring an additional 114 shares during the period. Matrix Trust Co lifted its position in shares of iShares TIPS Bond ETF by 3.3% during the 2nd quarter. Matrix Trust Co now owns 4,124 shares of the exchange traded fund’s stock valued at $451,000 after acquiring an additional 131 shares during the period. Finally, William Howard & Co Financial Advisors Inc increased its position in shares of iShares TIPS Bond ETF by 1.0% in the second quarter. William Howard & Co Financial Advisors Inc now owns 13,542 shares of the exchange traded fund’s stock worth $1,482,000 after purchasing an additional 132 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $106.31 on Tuesday. The stock has a market capitalization of $14.56 billion, a P/E ratio of 12.40 and a beta of 0.27. The stock’s fifty day moving average is $105.77 and its 200 day moving average is $108.94. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.04.

iShares TIPS Bond ETF 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.