iShares TIPS Bond ETF $TIP Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 38.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,592 shares of the exchange traded fund’s stock after buying an additional 22,267 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.06% of iShares TIPS Bond ETF worth $8,281,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares TIPS Bond ETF by 18.1% during the 1st 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 acquiring an additional 3,729,751 shares during the period. 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. grew its holdings in iShares TIPS Bond ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock valued at $222,108,000 after purchasing an additional 68,483 shares during the period. CI Investments Inc. grew its holdings in iShares TIPS Bond ETF by 28.7% in the first quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after purchasing an additional 260,055 shares during the period. Finally, Viewpoint Investment Partners Corp grew its holdings in iShares TIPS Bond ETF by 26.7% in the third quarter. Viewpoint Investment Partners Corp now owns 597,700 shares of the exchange traded fund’s stock valued at $56,551,000 after purchasing an additional 126,040 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $105.29 on Wednesday. iShares TIPS Bond ETF has a one year low of $103.75 and a one year high of $111.98. The company has a 50 day moving average price of $105.53 and a 200 day moving average price of $108.71. The firm has a market capitalization of $14.46 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.