54,555 Shares in iShares TIPS Bond ETF $TIP Bought by Estate Counselors LLC

Estate Counselors LLC acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 54,555 shares of the exchange traded fund’s stock, valued at approximately $6,021,000. iShares TIPS Bond ETF comprises 0.5% of Estate Counselors LLC’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors also recently bought and sold shares of TIP. Keybank National Association OH grew its position in iShares TIPS Bond ETF by 3.0% during the fourth quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after buying an additional 18,437 shares during the period. Calder Financial LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $1,342,000. Mezzasalma Advisors LLC raised its stake in iShares TIPS Bond ETF by 106.0% during the 4th quarter. Mezzasalma Advisors LLC now owns 46,410 shares of the exchange traded fund’s stock worth $5,099,000 after acquiring an additional 23,884 shares during the period. Farther Finance Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 141.2% during the 4th quarter. Farther Finance Advisors LLC now owns 54,136 shares of the exchange traded fund’s stock valued at $5,950,000 after purchasing an additional 31,689 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its holdings in shares of iShares TIPS Bond ETF by 5.8% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 256,364 shares of the exchange traded fund’s stock worth $28,177,000 after acquiring an additional 13,961 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of NYSEARCA:TIP opened at $107.39 on Tuesday. The company has a market cap of $14.51 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a 50-day moving average price of $109.13 and a 200 day moving average price of $110.26. iShares TIPS Bond ETF has a 12 month low of $107.39 and a 12 month high of $112.26.

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.