International Private Wealth Advisors LLC Acquires 5,368 Shares of iShares TIPS Bond ETF $TIP

International Private Wealth Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 90.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,322 shares of the exchange traded fund’s stock after purchasing an additional 5,368 shares during the period. International Private Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,178,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Partners Wealth Management LLC purchased a new position in iShares TIPS Bond ETF in the third quarter worth about $1,028,000. Envestnet Asset Management Inc. lifted its stake in shares of 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 worth $222,108,000 after buying an additional 68,483 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of iShares TIPS Bond ETF by 44.1% in the second quarter. Baird Financial Group Inc. now owns 95,860 shares of the exchange traded fund’s stock worth $10,490,000 after buying an additional 29,323 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of iShares TIPS Bond ETF by 12.3% in the second quarter. TD Waterhouse Canada Inc. now owns 425,671 shares of the exchange traded fund’s stock worth $46,094,000 after buying an additional 46,597 shares in the last quarter. Finally, Horizons Wealth Management purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at approximately $6,149,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.0%

NYSEARCA:TIP opened at $105.26 on Thursday. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. The company’s 50 day moving average price is $105.50 and its 200-day moving average price is $108.68. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $111.98.

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.