Advisory Services Network LLC Has $2.72 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Advisory Services Network LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,540 shares of the exchange traded fund’s stock after selling 6,023 shares during the period. Advisory Services Network LLC’s holdings in iShares TIPS Bond ETF were worth $2,721,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in TIP. Renaissance Technologies LLC grew its stake in iShares TIPS Bond ETF by 123.8% during the fourth quarter. Renaissance Technologies LLC now owns 38,500 shares of the exchange traded fund’s stock worth $4,102,000 after buying an additional 21,300 shares during the last quarter. FIL Ltd boosted its stake in iShares TIPS Bond ETF by 121.0% in the fourth quarter. FIL Ltd now owns 946,857 shares of the exchange traded fund’s stock worth $100,888,000 after purchasing an additional 518,387 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of iShares TIPS Bond ETF by 18.3% during the fourth quarter. Legal & General Group Plc now owns 32,903 shares of the exchange traded fund’s stock worth $3,506,000 after purchasing an additional 5,100 shares during the last quarter. Invesco Ltd. raised its holdings in shares of iShares TIPS Bond ETF by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,343 shares of the exchange traded fund’s stock valued at $463,000 after buying an additional 116 shares during the last quarter. Finally, Certior Financial Group LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth about $1,965,000.

iShares TIPS Bond ETF Trading Down 1.2 %

TIP opened at $107.93 on Friday. The firm has a 50-day moving average price of $109.45 and a two-hundred day moving average price of $108.53. The stock has a market capitalization of $14.15 billion, a PE ratio of 12.43 and a beta of 0.29. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.51.

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).