1,820 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,820 shares of the exchange traded fund’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TIP. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $201,931,000. Sumitomo Life Insurance Co. acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at $102,200,000. Envestnet Asset Management Inc. increased its stake in iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock valued at $388,581,000 after buying an additional 410,284 shares during the last quarter. International Assets Investment Management LLC increased its stake in iShares TIPS Bond ETF by 10,652.4% in 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 buying an additional 398,292 shares during the last quarter. Finally, Quotient Wealth Partners LLC increased its stake in iShares TIPS Bond ETF by 6,782.8% in the 2nd quarter. Quotient Wealth Partners LLC now owns 370,846 shares of the exchange traded fund’s stock valued at $39,599,000 after buying an additional 365,458 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

Shares of TIP stock opened at $107.42 on Friday. iShares TIPS Bond ETF has a 1 year low of $103.76 and a 1 year high of $111.06. The firm’s fifty day moving average price is $109.35 and its two-hundred day moving average price is $107.98. The firm has a market capitalization of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).