Greenspring Advisors LLC Increases Stock Holdings in iShares TIPS Bond ETF $TIP

Greenspring Advisors LLC lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1,209.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,709 shares of the exchange traded fund’s stock after purchasing an additional 28,363 shares during the quarter. Greenspring Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,375,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Rock Point Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 4.6% in the fourth quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 93 shares during the period. Aspiriant LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.2% in the fourth quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 95 shares during the period. Apollon Wealth Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.3% in the fourth quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 96 shares during the period. Farrell Financial LLC grew its holdings in shares of iShares TIPS Bond ETF by 1.4% in the fourth quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 98 shares during the period. Finally, LexAurum Advisors LLC grew its holdings in shares of iShares TIPS Bond ETF by 5.1% in the third quarter. LexAurum Advisors LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $268,000 after purchasing an additional 117 shares during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.2%

Shares of TIP opened at $109.77 on Thursday. iShares TIPS Bond ETF has a 12-month low of $108.07 and a 12-month high of $112.26. The firm has a 50-day moving average price of $110.86 and a 200 day moving average price of $110.72. The firm has a market capitalization of $14.52 billion, a P/E ratio of 12.40 and a beta of 0.27.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.