TD Private Client Wealth LLC Raises Holdings in iShares TIPS Bond ETF $TIP

TD Private Client Wealth LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,278 shares of the exchange traded fund’s stock after purchasing an additional 392 shares during the period. TD Private Client Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $1,901,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TIP. Copia Wealth Management purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $26,000. NBC Securities Inc. purchased a new position in iShares TIPS Bond ETF in the first quarter worth about $26,000. Golden State Wealth Management LLC grew its position in iShares TIPS Bond ETF by 295.0% in the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 177 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in iShares TIPS Bond ETF in the first quarter worth about $26,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in iShares TIPS Bond ETF in the second quarter worth about $28,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.2%

TIP opened at $111.09 on Friday. The firm has a market cap of $13.84 billion, a P/E ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 12 month low of $106.04 and a 12 month high of $112.26. The stock has a 50-day moving average of $110.70 and a 200 day moving average of $109.75.

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).