McAdam LLC Grows Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

McAdam LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,814 shares of the exchange traded fund’s stock after acquiring an additional 843 shares during the quarter. McAdam LLC’s holdings in iShares TIPS Bond ETF were worth $732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in TIP. Envestnet Asset Management Inc. grew its stake in iShares TIPS Bond ETF by 179.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock valued at $522,361,000 after purchasing an additional 3,232,628 shares during the period. Rock Creek Group LP grew its position in iShares TIPS Bond ETF by 1,992.9% during the third quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after buying an additional 2,624,661 shares during the period. Assetmark Inc. increased its holdings in iShares TIPS Bond ETF by 1,511.5% during the third quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock worth $220,032,000 after buying an additional 1,989,759 shares during the last quarter. Qube Research & Technologies Ltd raised its position in iShares TIPS Bond ETF by 1,655.8% in the third quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock worth $104,471,000 after acquiring an additional 949,872 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in iShares TIPS Bond ETF by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after acquiring an additional 835,933 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

iShares TIPS Bond ETF stock opened at $106.04 on Tuesday. The company has a market capitalization of $18.62 billion, a P/E ratio of 11.92 and a beta of 0.09. The firm has a 50 day moving average price of $106.53 and a 200-day moving average price of $105.98. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47.

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).