Austin Wealth Management LLC Invests $463,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Austin Wealth Management LLC bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,443 shares of the exchange traded fund’s stock, valued at approximately $463,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. lifted its holdings in iShares TIPS Bond ETF by 5.3% in the second quarter. BlackRock Inc. now owns 29,851,725 shares of the exchange traded fund’s stock worth $3,212,643,000 after buying an additional 1,510,242 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares TIPS Bond ETF by 17.6% during the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 179.2% during the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after purchasing an additional 3,232,628 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after purchasing an additional 148,842 shares in the last quarter. Finally, Rock Creek Group LP increased its stake in shares of iShares TIPS Bond ETF by 1,992.9% during the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded down $0.21 on Tuesday, reaching $107.19. 1,709,557 shares of the company’s stock traded hands, compared to its average volume of 2,218,424. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $111.26. The business’s 50 day simple moving average is $106.84 and its two-hundred day simple moving average is $105.48.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

Read More

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPFree Report).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.