Single Point Partners LLC Acquires Shares of 5,194 iShares TIPS Bond ETF (NYSEARCA:TIP)

Single Point Partners LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 5,194 shares of the exchange traded fund’s stock, valued at approximately $553,000.

A number of other large investors have also recently modified their holdings of TIP. FMR LLC boosted its position in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 1.8% in 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 during the period. Sumitomo Life Insurance Co. boosted its position in shares of 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 valued at $155,749,000 after purchasing an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA grew its stake in iShares TIPS Bond ETF by 52.6% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after purchasing an additional 147,849 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.0 %

Shares of TIP stock opened at $108.49 on Tuesday. The company’s fifty day moving average price is $107.40 and its 200-day moving average price is $108.38. The stock has a market cap of $18.82 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 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).