Austin Asset Management Co Inc Has $732,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Austin Asset Management Co Inc increased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 146.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,870 shares of the exchange traded fund’s stock after acquiring an additional 4,083 shares during the period. Austin Asset Management Co Inc’s holdings in iShares TIPS Bond ETF were worth $732,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $102,200,000. International Assets Investment Management LLC boosted its stake in iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares in the last quarter. SG Americas Securities LLC grew its position in iShares TIPS Bond ETF by 25,645.3% in the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock valued at $29,187,000 after acquiring an additional 272,866 shares during the period. Finally, Strategic Financial Concepts LLC bought a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $18,602,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $108.44 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The business has a fifty day moving average of $107.41 and a two-hundred day moving average of $108.35. The stock has a market cap of $18.81 billion, a PE 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).