65,752 Shares of iShares TIPS Bond ETF $TIP Acquired by Leuthold Group LLC

Leuthold Group LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 65,752 shares of the exchange traded fund’s stock, valued at approximately $6,841,000.

Several other hedge funds have also recently modified their holdings of TIP. Bank of America Corp DE increased its holdings in iShares TIPS Bond ETF by 18.1% during the first quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock worth $2,685,035,000 after buying an additional 3,729,751 shares during the last quarter. Mather Group LLC. purchased a new stake in iShares TIPS Bond ETF in the third quarter valued at approximately $240,163,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares TIPS Bond ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock worth $222,108,000 after buying an additional 68,483 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of iShares TIPS Bond ETF by 132.7% in the 3rd quarter. Pictet Asset Management Holding SA now owns 1,732,000 shares of the exchange traded fund’s stock worth $180,175,000 after buying an additional 987,700 shares during the last quarter. Finally, CI Investments Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 28.7% during the 1st 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 during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $106.03 on Tuesday. iShares TIPS Bond ETF has a 1-year low of $103.75 and a 1-year high of $111.98. The business has a 50 day moving average of $105.56 and a 200 day moving average of $108.73. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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.