Lwmg LLC Boosts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Lwmg LLC lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 148,438 shares of the exchange traded fund’s stock after buying an additional 6,200 shares during the period. iShares TIPS Bond ETF accounts for approximately 3.1% of Lwmg LLC’s holdings, making the stock its 10th biggest position. Lwmg LLC owned 0.09% of iShares TIPS Bond ETF worth $16,398,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF during the 2nd quarter worth $26,000. YHB Investment Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF during the first quarter worth approximately $30,000. Private Ocean LLC grew its holdings in iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares in the last quarter. Salem Investment Counselors Inc. acquired a new stake in iShares TIPS Bond ETF in the 1st quarter valued at approximately $36,000. Finally, Gradient Investments LLC raised its stake in iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 261 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded down $0.75 on Friday, hitting $109.39. The company’s stock had a trading volume of 1,920,678 shares, compared to its average volume of 1,924,858. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $111.06. The stock’s 50-day moving average is $109.37 and its two-hundred day moving average is $107.54. The company has a market capitalization of $18.98 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).