WealthNavi Inc. Raises Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

WealthNavi Inc. lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 235,596 shares of the exchange traded fund’s stock after purchasing an additional 48,720 shares during the quarter. iShares TIPS Bond ETF comprises about 1.7% of WealthNavi Inc.’s investment portfolio, making the stock its 7th largest holding. WealthNavi Inc. owned 0.13% of iShares TIPS Bond ETF worth $27,397,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TIP. FMR LLC raised its stake in shares of iShares TIPS Bond ETF by 1.0% during the first quarter. FMR LLC now owns 2,354,795 shares of the exchange traded fund’s stock valued at $266,257,000 after purchasing an additional 23,827 shares in the last quarter. First Financial Bank Trust Division grew its holdings in iShares TIPS Bond ETF by 7.2% during the second quarter. First Financial Bank Trust Division now owns 2,548 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 171 shares during the period. Summit Financial Group Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth about $380,000. Ellenbecker Investment Group grew its holdings in iShares TIPS Bond ETF by 141.7% during the second quarter. Ellenbecker Investment Group now owns 6,208 shares of the exchange traded fund’s stock worth $717,000 after acquiring an additional 3,639 shares during the period. Finally, Carroll Financial Associates Inc. grew its holdings in iShares TIPS Bond ETF by 30.9% during the second quarter. Carroll Financial Associates Inc. now owns 1,884 shares of the exchange traded fund’s stock worth $217,000 after acquiring an additional 445 shares during the period.

NYSEARCA:TIP traded down $0.18 during mid-day trading on Monday, reaching $115.79. 53,119 shares of the stock were exchanged, compared to its average volume of 1,280,597. The business has a fifty day moving average price of $116.48 and a 200 day moving average price of $115.04. iShares TIPS Bond ETF has a 1-year low of $107.53 and a 1-year high of $118.21.

iShares TIPS Bond ETF Company 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).

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

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