iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 26,351 shares of the exchange traded fund’s stock after purchasing an additional 5,132 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $2,808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TIP. FMR LLC increased its position in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. increased its position in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after purchasing an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth approximately $42,463,000. SG Americas Securities LLC increased its position in shares of iShares TIPS Bond ETF by 25,645.3% in the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after acquiring an additional 272,866 shares in the last quarter. Finally, Proficio Capital Partners LLC increased its position in shares of iShares TIPS Bond ETF by 10,555.0% in the fourth quarter. Proficio Capital Partners LLC now owns 209,904 shares of the exchange traded fund’s stock worth $210,000 after acquiring an additional 207,934 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.7 %

iShares TIPS Bond ETF stock opened at $110.34 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The firm has a fifty day moving average of $107.67 and a 200-day moving average of $108.46. The firm has a market capitalization of $14.12 billion, a P/E ratio of 12.25 and a beta of 0.26.

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).