iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Cut by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 103,374 shares of the exchange traded fund’s stock after selling 3,155 shares during the period. iShares TIPS Bond ETF makes up 3.6% of EFG Asset Management Americas Corp.’s investment portfolio, making the stock its largest holding. EFG Asset Management Americas Corp.’s holdings in iShares TIPS Bond ETF were worth $12,029,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of TIP. BlackRock Inc. grew its position in iShares TIPS Bond ETF by 14.2% during the 2nd quarter. BlackRock Inc. now owns 14,345,815 shares of the exchange traded fund’s stock worth $1,656,798,000 after purchasing an additional 1,780,029 shares during the last quarter. SG Americas Securities LLC grew its position in iShares TIPS Bond ETF by 398.2% during the 2nd quarter. SG Americas Securities LLC now owns 1,206,431 shares of the exchange traded fund’s stock worth $139,331,000 after purchasing an additional 964,257 shares during the last quarter. AMP Capital Investors Ltd grew its position in iShares TIPS Bond ETF by 93.2% during the 2nd quarter. AMP Capital Investors Ltd now owns 1,859,200 shares of the exchange traded fund’s stock worth $214,645,000 after purchasing an additional 897,000 shares during the last quarter. Morgan Stanley grew its position in iShares TIPS Bond ETF by 5.6% during the 2nd quarter. Morgan Stanley now owns 6,355,971 shares of the exchange traded fund’s stock worth $734,051,000 after purchasing an additional 335,592 shares during the last quarter. Finally, United Capital Financial Advisers LLC grew its position in iShares TIPS Bond ETF by 116.8% during the 2nd quarter. United Capital Financial Advisers LLC now owns 587,310 shares of the exchange traded fund’s stock worth $67,828,000 after purchasing an additional 316,464 shares during the last quarter.

In other iShares TIPS Bond ETF news, insider Coleman Howard acquired 57,500 shares of the stock in a transaction on Friday, October 25th. The shares were bought at an average cost of $0.80 per share, with a total value of $46,000.00.

Shares of iShares TIPS Bond ETF stock opened at $115.62 on Tuesday. iShares TIPS Bond ETF has a 1 year low of $108.38 and a 1 year high of $118.21. The company’s fifty day moving average is $116.11 and its two-hundred day moving average is $115.42.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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