Kwmg LLC Has $31.55 Million Position in iShares TIPS Bond ETF $TIP

Kwmg LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 287,077 shares of the exchange traded fund’s stock after purchasing an additional 5,541 shares during the period. iShares TIPS Bond ETF comprises approximately 2.7% of Kwmg LLC’s investment portfolio, making the stock its 6th largest position. Kwmg LLC’s holdings in iShares TIPS Bond ETF were worth $31,553,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after acquiring an additional 1,102 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 1st quarter valued at $432,000. Goldman Sachs Group Inc. boosted its stake in shares of iShares TIPS Bond ETF by 82.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock valued at $54,099,000 after purchasing an additional 219,598 shares in the last quarter. Mackenzie Financial Corp grew its holdings in shares of iShares TIPS Bond ETF by 11.3% during the 2nd quarter. Mackenzie Financial Corp now owns 60,100 shares of the exchange traded fund’s stock valued at $6,613,000 after purchasing an additional 6,100 shares during the last quarter. Finally, Edgestream Partners L.P. bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at $2,496,000. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $110.36 on Thursday. The stock has a market cap of $13.83 billion, a PE ratio of 12.40 and a beta of 0.26. The company’s fifty day moving average is $110.84 and its 200 day moving average is $110.85. iShares TIPS Bond ETF has a 52 week low of $106.47 and a 52 week high of $112.26.

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). 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.