Fmr LLC Purchases 3,608,542 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Fmr LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 106.7% in the third quarter, according to its most recent filing with the SEC. 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’s holdings in iShares TIPS Bond ETF were worth $772,234,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TIP. Tidal Investments LLC grew its position in iShares TIPS Bond ETF by 250.6% in the first quarter. Tidal Investments LLC now owns 8,902 shares of the exchange traded fund’s stock worth $956,000 after acquiring an additional 6,363 shares in the last quarter. Invst LLC lifted its stake in shares of iShares TIPS Bond ETF by 6.7% in the 1st quarter. Invst LLC now owns 7,404 shares of the exchange traded fund’s stock valued at $790,000 after purchasing an additional 468 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares TIPS Bond ETF by 192.4% in the 1st quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock worth $45,402,000 after purchasing an additional 278,153 shares during the period. Cetera Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 62.2% during the 1st quarter. Cetera Advisors LLC now owns 79,455 shares of the exchange traded fund’s stock valued at $8,534,000 after purchasing an additional 30,482 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in iShares TIPS Bond ETF by 59.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 821 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 305 shares during the period.

iShares TIPS Bond ETF Stock Up 0.3 %

NYSEARCA TIP opened at $108.45 on Friday. iShares TIPS Bond ETF has a 52 week low of $104.36 and a 52 week high of $111.06. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a fifty day moving average of $108.85 and a two-hundred day moving average of $108.13.

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).