Leavell Investment Management Inc. Has $309,000 Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Leavell Investment Management Inc. decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,874 shares of the exchange traded fund’s stock after selling 317 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares TIPS Bond ETF were worth $309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TIP. JPMorgan Chase & Co. grew its position in 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 worth $578,524,000 after purchasing an additional 835,933 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares TIPS Bond ETF by 179.2% in the third quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after purchasing an additional 3,232,628 shares during the period. Charles Schwab Investment Management Inc. raised its holdings 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 acquiring an additional 148,842 shares in the last quarter. Rock Creek Group LP raised its position in shares of iShares TIPS Bond ETF by 1,992.9% during 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 buying an additional 2,624,661 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares TIPS Bond ETF by 37.7% during the third quarter. LPL Financial LLC now owns 2,155,028 shares of the exchange traded fund’s stock worth $223,520,000 after purchasing an additional 589,881 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.4 %

iShares TIPS Bond ETF stock traded down $0.41 on Thursday, hitting $106.31. 1,413,629 shares of the stock traded hands, compared to its average volume of 2,154,774. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $108.64. The business’s fifty day simple moving average is $106.30 and its 200 day simple moving average is $106.32. The firm has a market cap of $18.44 billion, a P/E 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).