34,266 Shares of iShares TIPS Bond ETF $TIP Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 34,266 shares of the exchange traded fund’s stock, valued at approximately $3,565,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in iShares TIPS Bond ETF by 18.1% in the first quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after purchasing an additional 3,729,751 shares during the period. Mather Group LLC. purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $240,163,000. Kwmg LLC purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $34,858,000. CI Investments Inc. boosted its holdings in iShares TIPS Bond ETF by 28.7% in the 1st quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after purchasing an additional 260,055 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its position in iShares TIPS Bond ETF by 16.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock worth $164,565,000 after purchasing an additional 214,700 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Up 0.1%

NYSEARCA TIP opened at $106.31 on Tuesday. The business’s 50 day moving average is $105.77 and its two-hundred day moving average is $108.94. iShares TIPS Bond ETF has a 12-month low of $103.75 and a 12-month high of $112.04. The stock has a market capitalization of $14.56 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

iShares TIPS Bond ETF 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.