Financial Architects LLC Purchases 32,090 Shares of iShares TIPS Bond ETF $TIP

Financial Architects LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 32,090 shares of the exchange traded fund’s stock, valued at approximately $3,339,000. iShares TIPS Bond ETF makes up about 1.7% of Financial Architects LLC’s holdings, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of 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 valued at $2,685,035,000 after acquiring an additional 3,729,751 shares in the last quarter. Capitolis Liquid Global Markets LLC raised its holdings in iShares TIPS Bond ETF by 846.0% during the fourth quarter. Capitolis Liquid Global Markets LLC now owns 473,000 shares of the exchange traded fund’s stock worth $51,987,000 after acquiring an additional 423,000 shares in the last quarter. Kwmg LLC bought a new stake in iShares TIPS Bond ETF during the third quarter worth about $34,858,000. CI Investments Inc. raised its holdings in 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 worth $128,772,000 after acquiring an additional 260,055 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in iShares TIPS Bond ETF by 16.8% during the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after purchasing an additional 214,700 shares during the last quarter. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $104.56 on Wednesday. The stock has a 50 day moving average price of $106.00 and a 200 day moving average price of $108.44. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.24. The stock has a market capitalization of $14.28 billion, a PE ratio of 12.40 and a beta of 0.27.

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.