iShares TIPS Bond ETF $TIP Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,049 shares of the exchange traded fund’s stock after buying an additional 10,692 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $7,841,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings 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 valued at $1,583,000 after acquiring an additional 1,102 shares during the period. AQR Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth about $432,000. Goldman Sachs Group Inc. lifted its position in 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 during the last quarter. Brown Advisory Inc. lifted its position in iShares TIPS Bond ETF by 5.1% in the 2nd quarter. Brown Advisory Inc. now owns 2,755 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 134 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in iShares TIPS Bond ETF by 5.3% in the 2nd quarter. NewEdge Advisors LLC now owns 33,907 shares of the exchange traded fund’s stock valued at $3,731,000 after purchasing an additional 1,717 shares during the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.2%

NYSEARCA TIP opened at $107.91 on Tuesday. iShares TIPS Bond ETF has a 52 week low of $107.82 and a 52 week high of $112.26. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a 50-day moving average price of $109.77 and a two-hundred day moving average price of $110.41.

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.