Synergy Asset Management LLC Takes $1.03 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Synergy Asset Management LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,607 shares of the exchange traded fund’s stock, valued at approximately $1,026,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GenTrust LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after buying an additional 1,804 shares during the period. International Assets Investment Management LLC lifted its holdings in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after acquiring an additional 398,292 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after acquiring an additional 51,713 shares during the period. Curran Financial Partners LLC boosted its position in iShares TIPS Bond ETF by 0.8% in the third quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock worth $2,030,000 after purchasing an additional 145 shares during the last quarter. Finally, Citigroup Inc. grew its stake in shares of iShares TIPS Bond ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after purchasing an additional 21,755 shares during the period.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:TIP opened at $107.82 on Thursday. The stock has a market capitalization of $18.71 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50 day moving average price is $107.38 and its 200-day moving average price is $108.33. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06.

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).