JPMorgan Chase & Co. Has $113.36 Million Stock Position in iShares TIPS Bond ETF $TIP

JPMorgan Chase & Co. boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,030,196 shares of the exchange traded fund’s stock after purchasing an additional 90,809 shares during the period. JPMorgan Chase & Co. owned about 0.83% of iShares TIPS Bond ETF worth $113,363,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of TIP. Archvest Wealth Advisors Inc. lifted its position in shares of iShares TIPS Bond ETF by 2.8% during the 2nd quarter. Archvest Wealth Advisors Inc. now owns 14,897 shares of the exchange traded fund’s stock worth $1,639,000 after buying an additional 400 shares during the last quarter. NFP Retirement Inc. raised its stake in iShares TIPS Bond ETF by 205.4% during the second quarter. NFP Retirement Inc. now owns 37,257 shares of the exchange traded fund’s stock worth $4,100,000 after acquiring an additional 25,057 shares in the last quarter. PKS Advisory Services LLC lifted its holdings in shares of iShares TIPS Bond ETF by 14.1% in the second quarter. PKS Advisory Services LLC now owns 31,883 shares of the exchange traded fund’s stock worth $3,506,000 after acquiring an additional 3,951 shares during the last quarter. Alteri Wealth LLC boosted its stake in shares of iShares TIPS Bond ETF by 11.0% in the 2nd quarter. Alteri Wealth LLC now owns 2,778 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 275 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of iShares TIPS Bond ETF by 10.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 262,330 shares of the exchange traded fund’s stock valued at $28,722,000 after purchasing an additional 25,731 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.2%

Shares of iShares TIPS Bond ETF stock opened at $111.51 on Friday. The firm’s 50 day moving average is $111.30 and its 200 day moving average is $110.30. The firm has a market capitalization of $14.16 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $112.26.

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).