Merit Financial Group LLC Buys 3,183 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Merit Financial Group LLC boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 167.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,084 shares of the exchange traded fund’s stock after purchasing an additional 3,183 shares during the period. Merit Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $542,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. GenTrust LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after buying an additional 1,804 shares during the period. International Assets Investment Management LLC boosted its position in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares TIPS Bond ETF by 1.8% during 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 during the period. Buck Wealth Strategies LLC increased its position in shares of iShares TIPS Bond ETF by 1,108.6% during the 2nd quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after purchasing an additional 62,426 shares during the last quarter. Finally, Curran Financial Partners LLC lifted its stake in shares of iShares TIPS Bond ETF by 0.8% in the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock worth $2,030,000 after purchasing an additional 145 shares during the period.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of NYSEARCA TIP opened at $107.24 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The firm has a market capitalization of $18.61 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm has a 50 day moving average of $107.38 and a 200 day moving average of $108.31.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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