GenTrust LLC Buys 1,804 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

GenTrust LLC raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 196,162 shares of the exchange traded fund’s stock after acquiring an additional 1,804 shares during the period. iShares TIPS Bond ETF comprises about 1.1% of GenTrust LLC’s investment portfolio, making the stock its 19th largest position. GenTrust LLC’s holdings in iShares TIPS Bond ETF were worth $21,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in shares of iShares TIPS Bond ETF by 11.4% during the 1st quarter. Kestra Advisory Services LLC now owns 121,231 shares of the exchange traded fund’s stock valued at $13,021,000 after purchasing an additional 12,394 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares TIPS Bond ETF during the 1st quarter valued at about $25,317,000. BTG Pactual Global Asset Management Ltd bought a new stake in shares of iShares TIPS Bond ETF during the 1st quarter valued at about $377,000. High Falls Advisors Inc boosted its position in shares of iShares TIPS Bond ETF by 1.2% during the 1st quarter. High Falls Advisors Inc now owns 9,829 shares of the exchange traded fund’s stock valued at $1,056,000 after purchasing an additional 121 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of iShares TIPS Bond ETF by 83.7% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 37,630 shares of the exchange traded fund’s stock valued at $3,903,000 after purchasing an additional 17,144 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $107.77 on Friday. iShares TIPS Bond ETF has a one year low of $104.19 and a one year high of $111.06. The stock’s 50-day moving average is $109.04 and its 200 day moving average is $108.07. The firm has a market cap of $18.70 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).