United Services Automobile Association Buys 4,580 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

United Services Automobile Association increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 20,201 shares of the exchange traded fund’s stock after purchasing an additional 4,580 shares during the quarter. United Services Automobile Association’s holdings in iShares TIPS Bond ETF were worth $2,152,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. FMR LLC boosted its stake in shares of iShares TIPS Bond ETF by 106.7% during the third 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. JPMorgan Chase & Co. raised its holdings in iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares during the last quarter. Sumitomo Life Insurance Co. boosted its position in iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after buying an additional 536,610 shares during the period. Assetmark Inc. grew its holdings in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after acquiring an additional 1,378,094 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in iShares TIPS Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after acquiring an additional 52,479 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:TIP opened at $110.10 on Monday. The company has a 50-day moving average price of $108.66 and a 200-day moving average price of $108.55. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06.

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).