iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Acquired by Private Portfolio Partners LLC

Private Portfolio Partners LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 36.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,147 shares of the exchange traded fund’s stock after purchasing an additional 835 shares during the quarter. Private Portfolio Partners LLC’s holdings in iShares TIPS Bond ETF were worth $335,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Rock Creek Group LP raised its holdings in iShares TIPS Bond ETF by 0.7% in the fourth quarter. Rock Creek Group LP now owns 2,764,310 shares of the exchange traded fund’s stock valued at $294,537,000 after buying an additional 18,908 shares during the period. Sumitomo Life Insurance Co. lifted its position in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after buying an additional 536,610 shares in the last quarter. Assetmark Inc. grew its stake in iShares TIPS Bond ETF by 1,852.1% during the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after buying an additional 1,378,094 shares during the period. Finally, LPL Financial LLC increased its position in shares of iShares TIPS Bond ETF by 5.0% in the fourth quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after acquiring an additional 52,479 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.2 %

Shares of TIP stock opened at $110.28 on Thursday. The company has a market cap of $14.46 billion, a PE ratio of 12.43 and a beta of 0.29. The company’s fifty day simple moving average is $109.20 and its 200-day simple moving average is $108.58. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.23.

About iShares TIPS Bond ETF

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).