Crestwood Advisors Group LLC Purchases Shares of 1,750 iShares TIPS Bond ETF (NYSEARCA:TIP)

Crestwood Advisors Group LLC bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 1,750 shares of the exchange traded fund’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dividend Assets Capital LLC boosted its holdings in iShares TIPS Bond ETF by 0.9% during the first quarter. Dividend Assets Capital LLC now owns 22,739 shares of the exchange traded fund’s stock valued at $2,833,000 after purchasing an additional 197 shares in the last quarter. N.E.W. Advisory Services LLC raised its holdings in shares of iShares TIPS Bond ETF by 65.5% in the first quarter. N.E.W. Advisory Services LLC now owns 11,901 shares of the exchange traded fund’s stock valued at $1,504,000 after buying an additional 4,708 shares during the last quarter. Carnegie Capital Asset Management LLC lifted its position in shares of iShares TIPS Bond ETF by 97.0% during the first quarter. Carnegie Capital Asset Management LLC now owns 7,546 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 3,716 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in iShares TIPS Bond ETF by 19.7% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 23,200 shares of the exchange traded fund’s stock worth $2,890,000 after buying an additional 3,816 shares in the last quarter. Finally, Strategy Asset Managers LLC bought a new position in iShares TIPS Bond ETF in the first quarter valued at about $722,000.

iShares TIPS Bond ETF stock opened at $114.99 on Thursday. The business has a 50-day moving average of $118.49 and a 200-day moving average of $123.39. iShares TIPS Bond ETF has a 1 year low of $113.01 and a 1 year high of $131.37.

About iShares TIPS Bond ETF (Get Rating)

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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