Mather Group LLC. cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 41.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,172 shares of the exchange traded fund’s stock after selling 815 shares during the quarter. Mather Group LLC.’s holdings in iShares TIPS Bond ETF were worth $125,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of TIP. FMR LLC increased its holdings in shares of iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $102,200,000. International Assets Investment Management LLC increased its holdings in shares of 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 valued at $44,412,000 after purchasing an additional 398,292 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of iShares TIPS Bond ETF by 25,645.3% during the 4th quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock valued at $29,187,000 after purchasing an additional 272,866 shares in the last quarter. Finally, Strategic Investment Advisors MI purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at approximately $16,787,000.
iShares TIPS Bond ETF Price Performance
NYSEARCA:TIP opened at $108.44 on Friday. The firm has a market cap of $18.81 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a 50 day moving average price of $107.41 and a 200-day moving average price of $108.35. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.
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).
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