iShares TIPS Bond ETF $TIP Shares Newly Purchased by Brighton Jones LLC

Brighton Jones LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,869 shares of the exchange traded fund’s stock, valued at approximately $1,443,000.

Several other hedge funds also recently modified their holdings of the business. Kintra Wealth LLC grew its position in shares of iShares TIPS Bond ETF by 3.4% during the 2nd quarter. Kintra Wealth LLC now owns 2,834 shares of the exchange traded fund’s stock worth $304,000 after buying an additional 94 shares during the period. FC Advisory LLC lifted its holdings in iShares TIPS Bond ETF by 1.9% in the second quarter. FC Advisory LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $596,000 after buying an additional 102 shares during the period. Capital Analysts LLC lifted its holdings in iShares TIPS Bond ETF by 1.6% in the second quarter. Capital Analysts LLC now owns 7,217 shares of the exchange traded fund’s stock valued at $790,000 after buying an additional 114 shares during the period. TFB Advisors LLC lifted its holdings in iShares TIPS Bond ETF by 1.7% in the third quarter. TFB Advisors LLC now owns 7,508 shares of the exchange traded fund’s stock valued at $781,000 after buying an additional 123 shares during the period. Finally, Matrix Trust Co boosted its stake in iShares TIPS Bond ETF by 3.3% in the second quarter. Matrix Trust Co now owns 4,124 shares of the exchange traded fund’s stock valued at $451,000 after acquiring an additional 131 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $105.29 on Wednesday. The firm’s 50 day moving average price is $105.53 and its two-hundred day moving average price is $108.71. iShares TIPS Bond ETF has a 52-week low of $103.75 and a 52-week high of $111.98. The stock has a market cap of $14.46 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.