iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Boosted by Ethos Financial Group LLC

Ethos Financial Group LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,520 shares of the exchange traded fund’s stock after purchasing an additional 10,180 shares during the period. iShares TIPS Bond ETF makes up 2.0% of Ethos Financial Group LLC’s investment portfolio, making the stock its 10th biggest holding. Ethos Financial Group LLC owned 0.08% of iShares TIPS Bond ETF worth $15,505,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TIP. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% in 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 in the last quarter. Assetmark Inc. boosted its holdings in iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after purchasing an additional 1,378,094 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in iShares TIPS Bond ETF by 58.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares TIPS Bond ETF in the fourth quarter worth $42,463,000. Finally, Raymond James Financial Inc. bought a new stake in iShares TIPS Bond ETF in the fourth quarter worth $37,033,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $109.69 on Thursday. The firm has a market cap of $14.04 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The firm has a fifty day moving average price of $107.89 and a two-hundred day moving average price of $108.50.

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).