GenTrust LLC Grows Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

GenTrust LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 211,756 shares of the exchange traded fund’s stock after purchasing an additional 15,594 shares during the period. iShares TIPS Bond ETF comprises 1.0% of GenTrust LLC’s investment portfolio, making the stock its 24th biggest position. GenTrust LLC owned about 0.12% of iShares TIPS Bond ETF worth $22,563,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. FMR LLC increased its stake in shares of 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 worth $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. increased its stake in shares of iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA increased its stake in shares of iShares TIPS Bond ETF by 52.6% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after purchasing an additional 147,849 shares in the last quarter. Finally, Quotient Wealth Partners LLC increased its stake in shares of iShares TIPS Bond ETF by 3.2% during the fourth quarter. Quotient Wealth Partners LLC now owns 394,570 shares of the exchange traded fund’s stock worth $42,041,000 after purchasing an additional 12,055 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

TIP stock opened at $109.71 on Thursday. The stock has a market capitalization of $14.04 billion, a P/E ratio of 12.25 and a beta of 0.26. The firm has a 50-day simple moving average of $107.53 and a 200-day simple moving average of $108.45. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06.

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).