iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,160 shares of the exchange traded fund’s stock after buying an additional 183 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $2,446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. increased its position in iShares TIPS Bond ETF by 4.9% during the third quarter. BlackRock Inc. now owns 18,520,895 shares of the exchange traded fund’s stock worth $2,342,893,000 after acquiring an additional 869,954 shares during the period. Morgan Stanley lifted its stake in shares of iShares TIPS Bond ETF by 14.4% in the third quarter. Morgan Stanley now owns 9,043,345 shares of the exchange traded fund’s stock worth $1,143,983,000 after acquiring an additional 1,136,054 shares during the period. LPL Financial LLC increased its position in shares of iShares TIPS Bond ETF by 7.3% during the 3rd quarter. LPL Financial LLC now owns 2,905,511 shares of the exchange traded fund’s stock valued at $367,547,000 after purchasing an additional 198,311 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares TIPS Bond ETF by 11.9% in the third quarter. Wells Fargo & Company MN now owns 2,660,513 shares of the exchange traded fund’s stock valued at $336,555,000 after acquiring an additional 282,284 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in iShares TIPS Bond ETF by 161.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,070,529 shares of the exchange traded fund’s stock valued at $262,710,000 after buying an additional 1,279,420 shares in the last quarter.

TIP traded up $0.01 during trading on Thursday, hitting $126.98. The company’s stock had a trading volume of 43,532 shares, compared to its average volume of 3,251,924. iShares TIPS Bond ETF has a twelve month low of $107.37 and a twelve month high of $127.92. The stock’s fifty day moving average price is $126.88 and its 200-day moving average price is $125.90.

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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