iShares TIPS Bond ETF $TIP Stock: Mosley Wealth Management Raises Holdings

Mosley Wealth Management grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 10.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,153 shares of the exchange traded fund’s stock after purchasing an additional 5,984 shares during the quarter. iShares TIPS Bond ETF makes up about 1.9% of Mosley Wealth Management’s portfolio, making the stock its 15th largest position. Mosley Wealth Management’s holdings in iShares TIPS Bond ETF were worth $6,544,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares TIPS Bond ETF by 18.1% during 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 in the last quarter. Mather Group LLC. acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $240,163,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares TIPS Bond ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock valued at $222,108,000 after purchasing an additional 68,483 shares during the period. Pictet Asset Management Holding SA boosted its position in shares of iShares TIPS Bond ETF by 16.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock worth $164,565,000 after purchasing an additional 214,700 shares in the last quarter. Finally, CI Investments Inc. boosted its position in shares of iShares TIPS Bond ETF by 28.7% during the 1st quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock worth $128,772,000 after purchasing an additional 260,055 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

Shares of TIP traded up $0.25 during trading hours on Friday, hitting $105.54. The stock had a trading volume of 1,864,196 shares, compared to its average volume of 2,217,424. The firm has a 50 day simple moving average of $105.89 and a 200-day simple moving average of $108.36. The firm has a market capitalization of $14.46 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 1-year low of $103.75 and a 1-year high of $112.24.

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.