Kaufman Rossin Wealth LLC Purchases New Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Kaufman Rossin Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,962 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in iShares TIPS Bond ETF by 1,236.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock worth $3,168,000 after acquiring an additional 27,447 shares during the last quarter. NewEdge Advisors LLC boosted its stake in iShares TIPS Bond ETF by 41.4% in the second quarter. NewEdge Advisors LLC now owns 57,987 shares of the exchange traded fund’s stock worth $6,192,000 after purchasing an additional 16,970 shares in the last quarter. Regal Investment Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock worth $588,000 after purchasing an additional 108 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of iShares TIPS Bond ETF by 5.0% in the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock valued at $47,406,000 after buying an additional 21,268 shares in the last quarter. Finally, New Century Financial Group LLC bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at about $256,000.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:TIP opened at $107.82 on Thursday. The firm has a market cap of $18.71 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The company’s 50-day moving average price is $107.38 and its two-hundred day moving average price is $108.33.

About iShares TIPS Bond ETF

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).