12,804 Shares in iShares TIPS Bond ETF $TIP Bought by StoneX Group Inc.

StoneX Group Inc. bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 12,804 shares of the exchange traded fund’s stock, valued at approximately $1,339,000.

Several other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of iShares TIPS Bond ETF by 18.1% during the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after acquiring an additional 3,729,751 shares in the last quarter. Mather Group LLC. acquired a new position in iShares TIPS Bond ETF in the 3rd quarter worth about $240,163,000. Envestnet Asset Management Inc. raised its position in iShares TIPS Bond ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock valued at $222,108,000 after purchasing an additional 68,483 shares during the last quarter. Pictet Asset Management Holding SA raised its position in iShares TIPS Bond ETF by 132.7% in the third quarter. Pictet Asset Management Holding SA now owns 1,732,000 shares of the exchange traded fund’s stock valued at $180,175,000 after purchasing an additional 987,700 shares during the last quarter. Finally, CI Investments Inc. raised its position in iShares TIPS Bond ETF by 28.7% in the first quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after purchasing an additional 260,055 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.2%

Shares of TIP stock opened at $106.03 on Tuesday. The business’s 50-day moving average price is $105.56 and its 200-day moving average price is $108.73. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $111.98. The firm has a market capitalization of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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.