Shilanski & Associates Inc. Raises Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Shilanski & Associates Inc. raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 84,567 shares of the exchange traded fund’s stock after buying an additional 2,896 shares during the period. iShares TIPS Bond ETF accounts for about 2.9% of Shilanski & Associates Inc.’s investment portfolio, making the stock its 6th biggest holding. Shilanski & Associates Inc.’s holdings in iShares TIPS Bond ETF were worth $9,011,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of TIP. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares during the last quarter. Sumitomo Life Insurance Co. acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $102,200,000. Cetera Investment Advisers boosted its stake in iShares TIPS Bond ETF by 5.0% in the 2nd quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after purchasing an additional 21,268 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.1 %

NYSEARCA TIP opened at $107.24 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The company has a fifty day simple moving average of $107.38 and a two-hundred day simple moving average of $108.31. The stock has a market cap of $18.61 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).