SG Americas Securities LLC Raises Stock Position in iShares TIPS Bond ETF $TIP

SG Americas Securities LLC grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 42.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,996 shares of the exchange traded fund’s stock after acquiring an additional 41,702 shares during the period. SG Americas Securities LLC’s holdings in iShares TIPS Bond ETF were worth $15,682,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Hsbc Holdings PLC raised its stake in iShares TIPS Bond ETF by 4,627.6% during the 2nd quarter. Hsbc Holdings PLC now owns 2,910,259 shares of the exchange traded fund’s stock valued at $320,274,000 after purchasing an additional 2,848,700 shares during the period. Bank of America Corp DE grew its holdings in iShares TIPS Bond ETF by 11.0% during the 2nd quarter. Bank of America Corp DE now owns 12,965,639 shares of the exchange traded fund’s stock valued at $1,426,739,000 after buying an additional 1,281,679 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares TIPS Bond ETF during the second quarter valued at approximately $51,846,000. Ameriprise Financial Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 43.0% in the second quarter. Ameriprise Financial Inc. now owns 1,388,933 shares of the exchange traded fund’s stock worth $152,991,000 after buying an additional 417,901 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of iShares TIPS Bond ETF by 672.9% during the second quarter. The Manufacturers Life Insurance Company now owns 334,716 shares of the exchange traded fund’s stock worth $36,832,000 after acquiring an additional 291,412 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP opened at $110.03 on Friday. The stock has a market capitalization of $13.93 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a fifty day moving average of $110.54 and a 200 day moving average of $110.63. iShares TIPS Bond ETF has a fifty-two week low of $106.09 and a fifty-two week high of $112.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.