First Trust Advisors LP Grows Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

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First Trust Advisors LP grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 50.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,925 shares of the exchange traded fund’s stock after acquiring an additional 21,696 shares during the quarter. First Trust Advisors LP’s holdings in iShares TIPS Bond ETF were worth $8,213,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TIP. BlackRock Inc. lifted its position in iShares TIPS Bond ETF by 3.8% during the second quarter. BlackRock Inc. now owns 17,650,941 shares of the exchange traded fund’s stock worth $2,171,065,000 after buying an additional 652,041 shares in the last quarter. Bank of America Corp DE lifted its position in iShares TIPS Bond ETF by 4.5% during the second quarter. Bank of America Corp DE now owns 15,062,490 shares of the exchange traded fund’s stock worth $1,852,685,000 after buying an additional 646,675 shares in the last quarter. Morgan Stanley lifted its position in iShares TIPS Bond ETF by 102.9% during the first quarter. Morgan Stanley now owns 13,541,551 shares of the exchange traded fund’s stock worth $1,596,821,000 after buying an additional 6,868,082 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in iShares TIPS Bond ETF by 47.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 3,642,187 shares of the exchange traded fund’s stock worth $447,989,000 after buying an additional 1,174,658 shares in the last quarter. Finally, Personal Capital Advisors Corp lifted its position in iShares TIPS Bond ETF by 4.7% during the second quarter. Personal Capital Advisors Corp now owns 3,060,570 shares of the exchange traded fund’s stock worth $376,450,000 after buying an additional 136,485 shares in the last quarter.

Shares of iShares TIPS Bond ETF stock opened at $125.82 on Friday. iShares TIPS Bond ETF has a one year low of $107.37 and a one year high of $127.28. The business’s 50 day moving average price is $125.70 and its 200 day moving average price is $124.51.

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).

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