Creative Planning Grows Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Creative Planning grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 131,271 shares of the exchange traded fund’s stock after purchasing an additional 5,018 shares during the quarter. Creative Planning’s holdings in iShares TIPS Bond ETF were worth $16,762,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TIP. Northern Trust Corp increased its position in shares of iShares TIPS Bond ETF by 16.9% during the 2nd quarter. Northern Trust Corp now owns 28,806 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 4,158 shares during the last quarter. Prestige Wealth Management Group LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter valued at about $47,000. Asset Dedication LLC increased its position in shares of iShares TIPS Bond ETF by 149.0% during the 3rd quarter. Asset Dedication LLC now owns 376 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 225 shares during the last quarter. Financial Enhancement Group LLC increased its position in shares of iShares TIPS Bond ETF by 138.2% during the 2nd quarter. Financial Enhancement Group LLC now owns 412 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 239 shares during the last quarter. Finally, Private Ocean LLC increased its position in shares of iShares TIPS Bond ETF by 38.7% during the 3rd quarter. Private Ocean LLC now owns 448 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 125 shares during the last quarter.

NYSEARCA TIP opened at $125.91 on Friday. The company has a 50-day moving average price of $128.76 and a 200-day moving average price of $128.71. iShares TIPS Bond ETF has a 52 week low of $123.51 and a 52 week high of $131.37.

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).

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

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