Private Advisor Group LLC Increases Stock Holdings in iShares TIPS Bond ETF $TIP

Private Advisor Group LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 99.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,787 shares of the exchange traded fund’s stock after purchasing an additional 41,847 shares during the quarter. Private Advisor Group LLC’s holdings in iShares TIPS Bond ETF were worth $9,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Fermata Advisors LLC lifted its holdings in shares of iShares TIPS Bond ETF by 16.0% during the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock worth $5,240,000 after acquiring an additional 6,514 shares during the period. Carr Financial Group Corp purchased a new stake in iShares TIPS Bond ETF in the third quarter valued at approximately $621,000. Avalon Trust Co increased its position in iShares TIPS Bond ETF by 526.9% during the second quarter. Avalon Trust Co now owns 1,724 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 1,449 shares during the last quarter. Archer Investment Management LLC purchased a new position in iShares TIPS Bond ETF during the third quarter worth approximately $8,131,000. Finally, Arkadios Wealth Advisors grew its stake in shares of iShares TIPS Bond ETF by 510.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 18,990 shares of the exchange traded fund’s stock valued at $2,112,000 after buying an additional 15,877 shares during the period. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Down 0.2%

TIP stock opened at $111.07 on Thursday. The company has a market cap of $13.92 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The business has a fifty day simple moving average of $110.72 and a 200-day simple moving average of $110.93. iShares TIPS Bond ETF has a 52 week low of $106.47 and a 52 week high of $112.26.

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.