Kestra Private Wealth Services LLC Purchases 497 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Kestra Private Wealth Services LLC increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,944 shares of the exchange traded fund’s stock after acquiring an additional 497 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares TIPS Bond ETF were worth $953,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. FMR LLC grew its holdings in 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. grew its holdings in iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. grew its holdings in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the period. Baldwin Wealth Partners LLC MA grew its holdings in iShares TIPS Bond ETF by 52.6% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock valued at $45,729,000 after purchasing an additional 147,849 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after purchasing an additional 398,292 shares during the period.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.41 on Friday. The stock has a 50-day simple moving average of $107.38 and a two-hundred day simple moving average of $108.40. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The firm has a market capitalization of $18.81 billion, a PE ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).