iShares TIPS Bond ETF (NYSEARCA:TIP) Position Increased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,156 shares of the exchange traded fund’s stock after acquiring an additional 234 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares TIPS Bond ETF were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. One Capital Management LLC raised its holdings in iShares TIPS Bond ETF by 9.0% during the second quarter. One Capital Management LLC now owns 308,806 shares of the exchange traded fund’s stock valued at $32,974,000 after buying an additional 25,498 shares in the last quarter. Perissos Private Wealth Management LLC raised its holdings in iShares TIPS Bond ETF by 28.4% during the second quarter. Perissos Private Wealth Management LLC now owns 13,746 shares of the exchange traded fund’s stock valued at $1,468,000 after buying an additional 3,038 shares in the last quarter. Spectrum Wealth Counsel LLC raised its holdings in iShares TIPS Bond ETF by 3.6% during the second quarter. Spectrum Wealth Counsel LLC now owns 5,082 shares of the exchange traded fund’s stock valued at $543,000 after buying an additional 178 shares in the last quarter. Lyell Wealth Management LP raised its holdings in iShares TIPS Bond ETF by 3.6% during the second quarter. Lyell Wealth Management LP now owns 25,877 shares of the exchange traded fund’s stock valued at $2,763,000 after buying an additional 900 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares TIPS Bond ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after buying an additional 410,284 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $110.70 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $111.06. The stock’s 50-day moving average is $108.70 and its two-hundred day moving average is $107.29. The firm has a market cap of $19.21 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).