157,550 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Strategic Investment Advisors MI

Strategic Investment Advisors MI purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 157,550 shares of the exchange traded fund’s stock, valued at approximately $16,787,000. iShares TIPS Bond ETF makes up 1.8% of Strategic Investment Advisors MI’s investment portfolio, making the stock its 12th biggest holding.

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

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $107.43 on Monday. 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 P/E ratio of 11.86 and a beta of 0.09. The company’s fifty day simple moving average is $107.38 and its two-hundred day simple moving average is $108.31.

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).