RTD Financial Advisors Inc. Grows Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

RTD Financial Advisors Inc. boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,771 shares of the exchange traded fund’s stock after buying an additional 3,337 shares during the period. iShares TIPS Bond ETF makes up 1.6% of RTD Financial Advisors Inc.’s investment portfolio, making the stock its 17th biggest holding. RTD Financial Advisors Inc. owned approximately 0.06% of iShares TIPS Bond ETF worth $12,220,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of iShares TIPS Bond ETF by 17.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares in the last quarter. Evoke Wealth LLC grew its position in iShares TIPS Bond ETF by 181.8% in the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock worth $133,947,000 after acquiring an additional 803,988 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth $67,988,000. 3EDGE Asset Management LP purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth $63,005,000. Finally, International Assets Investment Management LLC grew its position in iShares TIPS Bond ETF by 7,161.8% in the fourth quarter. International Assets Investment Management LLC now owns 548,047 shares of the exchange traded fund’s stock worth $58,910,000 after acquiring an additional 540,500 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.4 %

NYSEARCA:TIP traded up $0.42 during midday trading on Thursday, hitting $106.54. The company had a trading volume of 841,966 shares, compared to its average volume of 2,079,942. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54. The stock’s fifty day moving average price is $106.41 and its 200-day moving average price is $106.67. The company has a market capitalization of $18.48 billion, a PE 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).