iShares TIPS Bond ETF (NYSEARCA:TIP) Position Increased by Cetera Advisors LLC

Cetera Advisors LLC lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 62.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 79,455 shares of the exchange traded fund’s stock after acquiring an additional 30,482 shares during the period. Cetera Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $8,534,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers grew its position in iShares TIPS Bond ETF by 192.4% during the 1st quarter. Cetera Investment Advisers now owns 422,694 shares of the exchange traded fund’s stock worth $45,402,000 after purchasing an additional 278,153 shares in the last quarter. Invst LLC boosted its position in shares of iShares TIPS Bond ETF by 6.7% in the first quarter. Invst LLC now owns 7,404 shares of the exchange traded fund’s stock worth $790,000 after buying an additional 468 shares during the period. Cim LLC grew its holdings in shares of iShares TIPS Bond ETF by 4.5% during the first quarter. Cim LLC now owns 142,469 shares of the exchange traded fund’s stock valued at $15,303,000 after buying an additional 6,157 shares in the last quarter. New Covenant Trust Company N.A. acquired a new position in iShares TIPS Bond ETF during the first quarter valued at $256,000. Finally, William Howard & Co Financial Advisors Inc purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth about $1,851,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $108.67 on Friday. The stock has a market cap of $18.85 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.81. The stock’s 50-day moving average is $106.97 and its two-hundred day moving average is $106.67.

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).