Arete Wealth Advisors LLC Has $3.72 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Arete Wealth Advisors LLC boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,752 shares of the exchange traded fund’s stock after purchasing an additional 6,648 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,724,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. William B. Walkup & Associates Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth about $26,000. Private Ocean LLC increased its holdings in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares in the last quarter. Gradient Investments LLC raised its stake in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 261 shares during the last quarter. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Hobbs Group Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 2nd quarter worth approximately $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $108.59 on Wednesday. The company has a market cap of $18.84 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock has a fifty day moving average price of $108.60 and a two-hundred day moving average price of $108.26. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06.

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).