HCR Wealth Advisors Grows Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

HCR Wealth Advisors raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,345 shares of the exchange traded fund’s stock after acquiring an additional 262 shares during the period. HCR Wealth Advisors’ holdings in iShares TIPS Bond ETF were worth $464,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Trust & Banking Corp bought a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $201,931,000. Evoke Wealth LLC grew its holdings in iShares TIPS Bond ETF by 181.8% during the 4th quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after acquiring an additional 803,988 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in shares of iShares TIPS Bond ETF by 102.5% during the first quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock valued at $137,555,000 after buying an additional 648,150 shares during the last quarter. Quotient Wealth Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 6,782.8% during the second quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock worth $39,599,000 after acquiring an additional 365,458 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of iShares TIPS Bond ETF by 14,118.3% during the first quarter. SG Americas Securities LLC now owns 358,727 shares of the exchange traded fund’s stock worth $38,531,000 after purchasing an additional 356,204 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $109.49 on Monday. The company has a market capitalization of $19.00 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average price is $108.05 and its 200 day moving average price is $107.05. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $109.99.

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).