iShares TIPS Bond ETF $TIP Holdings Lifted by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 55.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,614 shares of the exchange traded fund’s stock after buying an additional 19,201 shares during the period. RFG Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $5,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after buying an additional 4,189,926 shares during the period. Valpey Financial Services LLC increased its position in iShares TIPS Bond ETF by 10,997.3% in the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock worth $266,969,000 after purchasing an additional 2,407,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth about $187,000. Sumitomo Life Insurance Co. raised its holdings in iShares TIPS Bond ETF by 44.3% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 1,471,634 shares of the exchange traded fund’s stock worth $163,675,000 after purchasing an additional 451,450 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares TIPS Bond ETF by 43.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock valued at $152,991,000 after purchasing an additional 417,901 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Trading Up 0.4%

Shares of NYSEARCA TIP opened at $109.32 on Thursday. The firm has a market capitalization of $14.46 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $108.88 and a 1 year high of $112.26. The firm’s 50-day moving average is $110.51 and its 200-day moving average is $110.56.

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.