Financial Engines Advisors L.L.C. Acquires 995 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Financial Engines Advisors L.L.C. lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,427 shares of the exchange traded fund’s stock after acquiring an additional 995 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares TIPS Bond ETF were worth $1,431,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Citigroup Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 17.9% in the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after buying an additional 21,755 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $169,000. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% in 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 during the period. Insight Wealth Partners LLC grew its position in shares of iShares TIPS Bond ETF by 3.7% during the 3rd quarter. Insight Wealth Partners LLC now owns 42,745 shares of the exchange traded fund’s stock valued at $4,722,000 after purchasing an additional 1,510 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in shares of iShares TIPS Bond ETF in the third quarter worth $593,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $109.86 on Thursday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The stock has a fifty day moving average of $108.86 and a 200 day moving average of $108.57. The firm has a market capitalization of $14.30 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).