iShares TIPS Bond ETF $TIP Stock Position Lifted by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,049 shares of the exchange traded fund’s stock after acquiring an additional 10,692 shares during the quarter. Kestra Advisory Services LLC owned 0.05% of iShares TIPS Bond ETF worth $7,841,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Money Concepts Capital Corp lifted its stake in iShares TIPS Bond ETF by 39.8% during the first quarter. Money Concepts Capital Corp now owns 19,109 shares of the exchange traded fund’s stock worth $2,109,000 after purchasing an additional 5,445 shares during the last quarter. American Capital Advisory LLC acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $98,000. Addison Capital Co raised its holdings in shares of iShares TIPS Bond ETF by 92.1% during the first quarter. Addison Capital Co now owns 37,534 shares of the exchange traded fund’s stock worth $4,142,000 after purchasing an additional 17,993 shares during the period. Great Hill Capital LLC raised its holdings in shares of iShares TIPS Bond ETF by 95.7% during the first quarter. Great Hill Capital LLC now owns 6,067 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 2,967 shares during the period. Finally, Fischer Financial Services Inc. lifted its position in shares of iShares TIPS Bond ETF by 1.5% in the 1st quarter. Fischer Financial Services Inc. now owns 110,791 shares of the exchange traded fund’s stock worth $12,227,000 after buying an additional 1,597 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $107.91 on Tuesday. iShares TIPS Bond ETF has a one year low of $107.82 and a one year high of $112.26. The company has a 50-day simple moving average of $109.77 and a 200-day simple moving average of $110.41. The firm has a market capitalization of $14.45 billion, a PE ratio of 12.40 and a beta of 0.26.

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). 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.