Stelac Advisory Services LLC Raises Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stelac Advisory Services LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,777 shares of the exchange traded fund’s stock after purchasing an additional 3,004 shares during the quarter. iShares TIPS Bond ETF makes up approximately 2.1% of Stelac Advisory Services LLC’s investment portfolio, making the stock its 16th largest position. Stelac Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $5,411,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. GenTrust LLC boosted its stake in shares of iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after purchasing an additional 1,804 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares during the period. Merit Financial Group LLC lifted its stake in iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after acquiring an additional 3,183 shares during the period. M&T Bank Corp lifted its stake in iShares TIPS Bond ETF by 7.1% in the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock worth $4,788,000 after acquiring an additional 2,993 shares during the period. Finally, Citigroup Inc. lifted its stake in iShares TIPS Bond ETF by 17.9% in the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock worth $15,818,000 after acquiring an additional 21,755 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $109.52 on Thursday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a 50-day moving average of $108.20 and a 200 day moving average of $108.52. The firm has a market cap of $14.02 billion, a PE ratio of 12.25 and a beta of 0.26.

About iShares TIPS Bond ETF

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).