Evergreen Capital Management LLC Buys 610 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Evergreen Capital Management LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,026 shares of the exchange traded fund’s stock after buying an additional 610 shares during the period. Evergreen Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $3,625,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Kohmann Bosshard Financial Services LLC bought a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $26,000. Mainstream Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $30,000. Biltmore Family Office LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at $32,000. Kestra Investment Management LLC acquired a new stake in iShares TIPS Bond ETF during the 4th quarter worth $45,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in iShares TIPS Bond ETF during the 4th quarter worth $47,000.

iShares TIPS Bond ETF Trading Up 0.3 %

NYSEARCA:TIP opened at $108.78 on Thursday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.51. The stock has a 50-day moving average price of $109.43 and a two-hundred day moving average price of $108.48. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 12.43 and a beta of 0.29.

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).