Strategic Investment Advisors MI Buys Shares of 157,550 iShares TIPS Bond ETF (NYSEARCA:TIP)

Strategic Investment Advisors MI bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 157,550 shares of the exchange traded fund’s stock, valued at approximately $16,787,000. iShares TIPS Bond ETF accounts for about 1.8% of Strategic Investment Advisors MI’s portfolio, making the stock its 12th largest holding. Strategic Investment Advisors MI owned about 0.09% of iShares TIPS Bond ETF at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Peak Financial Management Inc. lifted its position in shares of iShares TIPS Bond ETF by 1.2% during the fourth quarter. Peak Financial Management Inc. now owns 34,067 shares of the exchange traded fund’s stock worth $3,630,000 after acquiring an additional 397 shares in the last quarter. TI Trust Inc. lifted its holdings in iShares TIPS Bond ETF by 0.7% during the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after purchasing an additional 147 shares in the last quarter. Stablepoint Partners LLC boosted its stake in iShares TIPS Bond ETF by 1.6% in the 4th quarter. Stablepoint Partners LLC now owns 64,407 shares of the exchange traded fund’s stock worth $6,863,000 after purchasing an additional 1,003 shares during the period. RTD Financial Advisors Inc. boosted its stake in iShares TIPS Bond ETF by 2.1% in the 4th quarter. RTD Financial Advisors Inc. now owns 126,314 shares of the exchange traded fund’s stock worth $13,459,000 after purchasing an additional 2,608 shares during the period. Finally, CFS Investment Advisory Services LLC grew its holdings in iShares TIPS Bond ETF by 15.4% during the 4th quarter. CFS Investment Advisory Services LLC now owns 21,778 shares of the exchange traded fund’s stock valued at $2,320,000 after buying an additional 2,903 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $107.43 on Monday. The company’s 50-day moving average price is $107.38 and its 200-day moving average price is $108.31. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The company has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).