Cetera Investment Advisers Has $47.17 Million Stock Holdings in iShares TIPS Bond ETF $TIP

Cetera Investment Advisers raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% during the 1st quarter, HoldingsChannel reports. The fund owned 427,438 shares of the exchange traded fund’s stock after buying an additional 22,723 shares during the quarter. Cetera Investment Advisers’ holdings in iShares TIPS Bond ETF were worth $47,172,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TIP. Brighton Jones LLC grew its stake in shares of iShares TIPS Bond ETF by 8.0% during the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after acquiring an additional 1,102 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the first quarter worth $432,000. Goldman Sachs Group Inc. lifted its position in shares of iShares TIPS Bond ETF by 82.1% in the first quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock worth $54,099,000 after purchasing an additional 219,598 shares in the last quarter. Brown Advisory Inc. boosted its holdings in iShares TIPS Bond ETF by 5.1% during the second quarter. Brown Advisory Inc. now owns 2,755 shares of the exchange traded fund’s stock worth $303,000 after purchasing an additional 134 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 5.3% during the second quarter. NewEdge Advisors LLC now owns 33,907 shares of the exchange traded fund’s stock worth $3,731,000 after purchasing an additional 1,717 shares during the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.0%

iShares TIPS Bond ETF stock opened at $107.50 on Friday. The company has a market cap of $14.56 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $107.48 and a 1-year high of $112.26. The company has a fifty day simple moving average of $109.19 and a 200 day simple moving average of $110.28.

iShares TIPS Bond ETF 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.