Greenleaf Trust Acquires Shares of 3,513 iShares TIPS Bond ETF (NYSEARCA:TIP)

Greenleaf Trust acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,513 shares of the exchange traded fund’s stock, valued at approximately $378,000.

A number of other institutional investors have also modified their holdings of TIP. JPMorgan Chase & Co. increased its stake in shares of iShares TIPS Bond ETF by 17.6% in 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. Envestnet Asset Management Inc. increased its stake in shares of 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 in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of iShares TIPS Bond ETF by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,716,680 shares of the exchange traded fund’s stock valued at $385,494,000 after purchasing an additional 148,842 shares in the last quarter. Rock Creek Group LP increased its stake in shares of iShares TIPS Bond ETF by 1,992.9% in the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock valued at $285,890,000 after purchasing an additional 2,624,661 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares TIPS Bond ETF by 37.7% in the 3rd quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock valued at $223,520,000 after purchasing an additional 589,881 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of iShares TIPS Bond ETF stock opened at $105.89 on Wednesday. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.88. The business has a 50-day moving average price of $106.56 and a 200 day moving average price of $105.91. The firm has a market cap of $18.59 billion, a PE ratio of 11.92 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).