Farther Finance Advisors LLC Increases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Farther Finance Advisors LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.1% in the fourth quarter, Holdings Channel reports. The fund owned 9,654 shares of the exchange traded fund’s stock after buying an additional 721 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,029,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. GenTrust LLC grew 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 acquiring an additional 1,804 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Merit Financial Group LLC increased its holdings in iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,183 shares during the last quarter. M&T Bank Corp raised its position in shares of iShares TIPS Bond ETF by 7.1% in the 4th quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after purchasing an additional 2,993 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in shares of iShares TIPS Bond ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after buying an additional 21,755 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.2 %

TIP stock opened at $109.42 on Friday. The company has a market capitalization of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28. The firm has a 50 day simple moving average of $108.31 and a 200-day simple moving average of $108.53. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06.

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).