TFB Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,049 shares of the exchange traded fund’s stock, valued at approximately $1,071,000.
Other large investors have also made changes to their positions in the company. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL boosted its position in shares of iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in iShares TIPS Bond ETF in the 4th quarter valued at approximately $96,000.
iShares TIPS Bond ETF Price Performance
Shares of NYSEARCA:TIP opened at $108.46 on Wednesday. The company has a market cap of $18.82 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm has a 50 day simple moving average of $107.40 and a 200 day simple moving average of $108.39. iShares TIPS Bond ETF has a one year low of $104.67 and a one year 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).
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