United Services Automobile Association Grows Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

United Services Automobile Association lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,201 shares of the exchange traded fund’s stock after purchasing an additional 4,580 shares during the quarter. United Services Automobile Association’s holdings in iShares TIPS Bond ETF were worth $2,152,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TIP. Citigroup Inc. increased its holdings in shares of iShares TIPS Bond ETF by 17.9% in the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after buying an additional 21,755 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in iShares TIPS Bond ETF by 3.6% in the third quarter. Great Valley Advisor Group Inc. now owns 60,291 shares of the exchange traded fund’s stock valued at $6,660,000 after acquiring an additional 2,120 shares during the last quarter. Cerity Partners LLC increased its stake in iShares TIPS Bond ETF by 76.3% in the third quarter. Cerity Partners LLC now owns 142,893 shares of the exchange traded fund’s stock valued at $15,785,000 after acquiring an additional 61,848 shares during the last quarter. Centaurus Financial Inc. purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at about $169,000. Finally, FMR LLC lifted its stake 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 worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of iShares TIPS Bond ETF stock opened at $110.10 on Monday. The firm has a market capitalization of $14.34 billion, a PE ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The business’s 50-day moving average price is $108.66 and its 200-day moving average price is $108.55.

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).