Empower Advisory Group LLC Has $221,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Empower Advisory Group LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 75.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,000 shares of the exchange traded fund’s stock after selling 6,277 shares during the quarter. Empower Advisory Group LLC’s holdings in iShares TIPS Bond ETF were worth $221,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Meridian Management Co. lifted its holdings in iShares TIPS Bond ETF by 5.0% during the third quarter. Meridian Management Co. now owns 100,756 shares of the exchange traded fund’s stock worth $11,130,000 after acquiring an additional 4,819 shares in the last quarter. First National Trust Co raised its position in shares of iShares TIPS Bond ETF by 12.3% during the third quarter. First National Trust Co now owns 4,865 shares of the exchange traded fund’s stock worth $537,000 after purchasing an additional 533 shares during the period. TRU Independence Asset Management 2 LLC bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at about $442,000. Tyler Stone Wealth Management grew its position in shares of iShares TIPS Bond ETF by 95.8% in the 3rd quarter. Tyler Stone Wealth Management now owns 2,303 shares of the exchange traded fund’s stock valued at $254,000 after purchasing an additional 1,127 shares during the period. Finally, Baker Avenue Asset Management LP grew its position in shares of iShares TIPS Bond ETF by 10.5% in the 3rd quarter. Baker Avenue Asset Management LP now owns 2,845 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 271 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $107.44 on Friday. iShares TIPS Bond ETF has a 52 week low of $104.18 and a 52 week high of $111.06. The company’s 50 day moving average price is $109.31 and its two-hundred day moving average price is $107.98. The company has a market capitalization of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).