iShares TIPS Bond ETF $TIP Stock: Soltis Investment Advisors LLC Raises Position

Soltis Investment Advisors LLC grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 94.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,158 shares of the exchange traded fund’s stock after purchasing an additional 7,867 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,681,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE raised its position in iShares TIPS Bond ETF by 18.1% in the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock worth $2,685,035,000 after buying an additional 3,729,751 shares during the last quarter. Mather Group LLC. bought a new stake in shares of iShares TIPS Bond ETF in the third quarter worth approximately $240,163,000. Envestnet Asset Management Inc. grew its stake in shares of iShares TIPS Bond ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock worth $222,108,000 after acquiring an additional 68,483 shares during the period. CI Investments Inc. raised its holdings in shares of iShares TIPS Bond ETF by 28.7% during the first quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after purchasing an additional 260,055 shares during the last quarter. Finally, Viewpoint Investment Partners Corp raised its holdings in shares of iShares TIPS Bond ETF by 26.7% during the third quarter. Viewpoint Investment Partners Corp now owns 597,700 shares of the exchange traded fund’s stock valued at $56,551,000 after purchasing an additional 126,040 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.2%

Shares of iShares TIPS Bond ETF stock opened at $106.69 on Friday. The company has a market cap of $14.69 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. The company’s 50 day moving average is $105.69 and its 200 day moving average is $108.85. iShares TIPS Bond ETF has a twelve month low of $103.75 and a twelve month high of $111.98.

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). 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.