Global Assets Advisory LLC Makes New Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Global Assets Advisory LLC bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,961 shares of the exchange traded fund’s stock, valued at approximately $653,000.

Several other institutional investors have also recently made changes to their positions in TIP. Brighton Jones LLC lifted its position in shares of iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after acquiring an additional 1,102 shares in the last quarter. Ieq Capital LLC raised its position in shares of iShares TIPS Bond ETF by 36.1% in the fourth quarter. Ieq Capital LLC now owns 6,283 shares of the exchange traded fund’s stock worth $669,000 after buying an additional 1,667 shares in the last quarter. Red Crane Wealth Management LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth $296,000. GenTrust LLC raised its position in shares of iShares TIPS Bond ETF by 7.9% in the fourth quarter. GenTrust LLC now owns 211,756 shares of the exchange traded fund’s stock worth $22,563,000 after buying an additional 15,594 shares in the last quarter. Finally, Nwam LLC raised its position in shares of iShares TIPS Bond ETF by 72.5% in the fourth quarter. Nwam LLC now owns 24,626 shares of the exchange traded fund’s stock worth $2,624,000 after buying an additional 10,347 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $109.58 on Thursday. iShares TIPS Bond ETF has a 52-week low of $105.85 and a 52-week high of $111.51. The company has a market capitalization of $13.93 billion, a PE ratio of 12.40 and a beta of 0.28. The business’s fifty day moving average is $108.96 and its 200 day moving average is $108.60.

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).