Osaic Holdings Inc. Acquires 187,065 Shares of iShares TIPS Bond ETF $TIP

Osaic Holdings Inc. increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 63.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 480,394 shares of the exchange traded fund’s stock after buying an additional 187,065 shares during the quarter. Osaic Holdings Inc.’s holdings in iShares TIPS Bond ETF were worth $53,078,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in iShares TIPS Bond ETF by 8.0% in the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after buying an additional 1,102 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares TIPS Bond ETF by 13.4% in the 1st quarter. Raymond James Financial Inc. now owns 394,251 shares of the exchange traded fund’s stock valued at $43,797,000 after purchasing an additional 46,687 shares in the last quarter. RWA Wealth Partners LLC grew its holdings in shares of iShares TIPS Bond ETF by 266.8% in the 1st quarter. RWA Wealth Partners LLC now owns 10,098 shares of the exchange traded fund’s stock worth $1,122,000 after purchasing an additional 7,345 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. increased its position in shares of iShares TIPS Bond ETF by 5.2% during the 1st quarter. Sumitomo Mitsui Financial Group Inc. now owns 42,336 shares of the exchange traded fund’s stock worth $4,703,000 after purchasing an additional 2,106 shares in the last quarter. Finally, Crabel Capital Management LLC increased its position in shares of iShares TIPS Bond ETF by 358.5% during the 1st quarter. Crabel Capital Management LLC now owns 51,830 shares of the exchange traded fund’s stock worth $5,758,000 after purchasing an additional 40,525 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Down 0.1%

Shares of TIP stock opened at $110.15 on Tuesday. The company has a market capitalization of $13.99 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26. The firm has a 50-day moving average price of $111.12 and a 200 day moving average price of $110.49.

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).