Alesco Advisors LLC Has $2.05 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Alesco Advisors LLC cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,037 shares of the exchange traded fund’s stock after selling 2,873 shares during the quarter. Alesco Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $2,046,000 as of its most recent SEC filing.

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

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP traded up $0.27 during trading hours on Friday, reaching $105.78. 1,382,551 shares of the stock were exchanged, compared to its average volume of 2,184,771. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47. The firm has a 50 day moving average of $106.53 and a 200 day moving average of $105.92. The stock has a market cap of $18.57 billion, a PE ratio of 11.92 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).