IFG Advisory LLC Acquires 1,180 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

IFG Advisory LLC raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 6,057 shares of the exchange traded fund’s stock after purchasing an additional 1,180 shares during the period. IFG Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $651,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. grew its holdings in shares of iShares TIPS Bond ETF by 5.3% in the second quarter. BlackRock Inc. now owns 29,851,725 shares of the exchange traded fund’s stock valued at $3,212,643,000 after acquiring an additional 1,510,242 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares TIPS Bond ETF by 179.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after purchasing an additional 3,232,628 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of iShares TIPS Bond ETF by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock worth $385,494,000 after purchasing an additional 148,842 shares during the period. Finally, Rock Creek Group LP grew its position in iShares TIPS Bond ETF by 1,992.9% during the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares during the period.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $107.39 on Friday. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $111.26. The company has a 50-day simple moving average of $106.76 and a 200 day simple moving average of $105.60.

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).