Financial Architects Inc Grows Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Financial Architects Inc boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.9% during the second quarter, Holdings Channel reports. The firm owned 57,099 shares of the exchange traded fund’s stock after purchasing an additional 1,601 shares during the quarter. iShares TIPS Bond ETF comprises about 1.1% of Financial Architects Inc’s holdings, making the stock its 22nd biggest position. Financial Architects Inc’s holdings in iShares TIPS Bond ETF were worth $7,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Dynamic Advisor Solutions LLC lifted its holdings in iShares TIPS Bond ETF by 2.1% in the second quarter. Dynamic Advisor Solutions LLC now owns 23,165 shares of the exchange traded fund’s stock valued at $2,965,000 after acquiring an additional 484 shares during the period. Wintrust Investments LLC increased its position in shares of iShares TIPS Bond ETF by 8.9% during the 2nd quarter. Wintrust Investments LLC now owns 26,847 shares of the exchange traded fund’s stock valued at $3,437,000 after purchasing an additional 2,188 shares during the last quarter. Brighton Jones LLC lifted its stake in shares of iShares TIPS Bond ETF by 49.4% in the 2nd quarter. Brighton Jones LLC now owns 27,672 shares of the exchange traded fund’s stock worth $3,542,000 after purchasing an additional 9,155 shares during the period. Madden Advisory Services Inc. boosted its holdings in shares of iShares TIPS Bond ETF by 2.4% in the second quarter. Madden Advisory Services Inc. now owns 16,288 shares of the exchange traded fund’s stock worth $2,085,000 after buying an additional 388 shares during the last quarter. Finally, One Charles Private Wealth Services LLC purchased a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth $1,130,000.

iShares TIPS Bond ETF stock remained flat at $$129.21 during trading on Wednesday. The company had a trading volume of 76,234 shares, compared to its average volume of 3,258,162. The business’s 50 day moving average is $129.15 and its 200-day moving average is $127.55. iShares TIPS Bond ETF has a one year low of $123.51 and a one year high of $130.65.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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