Ethos Financial Group LLC Increases Stock Holdings in iShares TIPS Bond ETF $TIP

Ethos Financial Group LLC raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 21.3% during the second quarter, Holdings Channel reports. The firm owned 176,445 shares of the exchange traded fund’s stock after buying an additional 30,925 shares during the quarter. iShares TIPS Bond ETF makes up approximately 1.7% of Ethos Financial Group LLC’s portfolio, making the stock its 12th biggest position. Ethos Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $19,416,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Climber Capital SA increased its position in shares of iShares TIPS Bond ETF by 13.6% during the second quarter. Climber Capital SA now owns 15,180 shares of the exchange traded fund’s stock valued at $1,660,000 after buying an additional 1,820 shares during the period. Atlantic Union Bankshares Corp bought a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at approximately $1,387,000. TME Financial Inc. grew its holdings in shares of iShares TIPS Bond ETF by 19.2% during the 2nd quarter. TME Financial Inc. now owns 81,607 shares of the exchange traded fund’s stock worth $8,980,000 after acquiring an additional 13,137 shares during the period. Simplex Trading LLC bought a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $65,000. Finally, Mason Investment Advisory Services Inc. raised its position in shares of iShares TIPS Bond ETF by 496.5% in the 2nd quarter. Mason Investment Advisory Services Inc. now owns 19,208 shares of the exchange traded fund’s stock worth $2,114,000 after acquiring an additional 15,988 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Down 0.4%

NYSEARCA TIP opened at $110.58 on Thursday. The firm has a market capitalization of $14.04 billion, a PE ratio of 12.40 and a beta of 0.26. The stock’s 50 day moving average is $111.42 and its 200 day moving average is $110.13. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26.

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).