iShares TIPS Bond ETF $TIP Shares Newly Acquired by Kwmg LLC

Kwmg LLC bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 335,041 shares of the exchange traded fund’s stock, valued at approximately $34,858,000. iShares TIPS Bond ETF makes up 2.6% of Kwmg LLC’s portfolio, making the stock its 10th largest position. Kwmg LLC owned about 0.25% of iShares TIPS Bond ETF at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of iShares TIPS Bond ETF by 18.1% in the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after purchasing an additional 3,729,751 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares TIPS Bond ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock worth $222,108,000 after buying an additional 68,483 shares during the period. Pictet Asset Management Holding SA boosted its stake in iShares TIPS Bond ETF by 16.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after buying an additional 214,700 shares in the last quarter. CI Investments Inc. boosted its stake in iShares TIPS Bond ETF by 28.7% in the 1st quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after buying an additional 260,055 shares in the last quarter. Finally, Quotient Wealth Partners LLC grew its position in iShares TIPS Bond ETF by 4.2% in the first quarter. Quotient Wealth Partners LLC now owns 473,810 shares of the exchange traded fund’s stock valued at $52,290,000 after acquiring an additional 19,162 shares during the period. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Down 0.0%

iShares TIPS Bond ETF stock traded down $0.02 during mid-day trading on Wednesday, hitting $104.16. 868,366 shares of the company were exchanged, compared to its average volume of 2,227,515. The business has a fifty day moving average of $106.29 and a 200 day moving average of $108.65. iShares TIPS Bond ETF has a 1-year low of $103.75 and a 1-year high of $112.24. The company has a market capitalization of $14.17 billion, a PE ratio of 12.40 and a beta of 0.27.

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). 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.