iShares TIPS Bond ETF $TIP Shares Acquired by RFG Advisory LLC

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

Several other hedge funds have also modified their holdings of TIP. Bank of America Corp DE increased its stake in iShares TIPS Bond ETF by 32.3% in 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 purchasing an additional 4,189,926 shares in the last quarter. Valpey Financial Services LLC lifted its stake in iShares TIPS Bond ETF by 10,997.3% during the fourth quarter. Valpey Financial Services LLC now owns 2,428,978 shares of the exchange traded fund’s stock valued at $266,969,000 after buying an additional 2,407,090 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth about $187,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares TIPS Bond ETF by 176.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,248,103 shares of the exchange traded fund’s stock worth $137,179,000 after buying an additional 797,259 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in shares of iShares TIPS Bond ETF by 615.5% in the third quarter. BNP Paribas Financial Markets now owns 649,189 shares of the exchange traded fund’s stock worth $72,203,000 after buying an additional 558,456 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $109.32 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $108.88 and a fifty-two week high of $112.26. The firm’s 50 day simple moving average is $110.51 and its 200-day simple moving average is $110.56. The company has a market cap of $14.46 billion, a P/E ratio of 12.40 and a beta of 0.26.

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). 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.