Fmr LLC Raises Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fmr LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 106.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,990,445 shares of the exchange traded fund’s stock after acquiring an additional 3,608,542 shares during the quarter. Fmr LLC owned about 4.03% of iShares TIPS Bond ETF worth $772,234,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at $102,200,000. Envestnet Asset Management Inc. grew its stake in shares of iShares TIPS Bond ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after purchasing an additional 410,284 shares during the period. International Assets Investment Management LLC increased its position in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after purchasing an additional 398,292 shares during the last quarter. Quotient Wealth Partners LLC lifted its stake in shares of iShares TIPS Bond ETF by 6,782.8% in the 2nd quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after purchasing an additional 365,458 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares TIPS Bond ETF by 192.4% in the first quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock worth $45,402,000 after buying an additional 278,153 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.3 %

Shares of TIP stock opened at $108.45 on Friday. iShares TIPS Bond ETF has a 12 month low of $104.36 and a 12 month high of $111.06. The stock has a market cap of $18.82 billion, a P/E ratio of 11.86 and a beta of 0.09. The company has a 50 day simple moving average of $108.85 and a two-hundred day simple moving average of $108.13.

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).