Foundations Investment Advisors LLC Acquires 1,027 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Foundations Investment Advisors LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,259 shares of the exchange traded fund’s stock after purchasing an additional 1,027 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GenTrust LLC lifted its position in iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after purchasing an additional 1,804 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the last quarter. Curran Financial Partners LLC lifted its holdings in iShares TIPS Bond ETF by 0.8% during the 3rd quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after buying an additional 145 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of iShares TIPS Bond ETF by 17.9% during the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after acquiring an additional 21,755 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of TIP stock opened at $107.82 on Thursday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The stock has a fifty day simple moving average of $107.38 and a two-hundred day simple moving average of $108.33. The stock has a market capitalization of $18.71 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).