Boston Family Office LLC Has $251,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Boston Family Office LLC raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.6% in the 4th quarter, Holdings Channel reports. The firm owned 2,354 shares of the exchange traded fund’s stock after acquiring an additional 166 shares during the period. Boston Family Office LLC’s holdings in iShares TIPS Bond ETF were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TIP. Assetmark Inc. raised its holdings in shares of iShares TIPS Bond ETF by 1,852.1% during the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after buying an additional 1,378,094 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter worth about $76,533,000. Sumitomo Life Insurance Co. lifted its holdings in shares of iShares TIPS Bond ETF by 58.0% in 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 acquiring an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $42,463,000. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at approximately $37,033,000.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $110.45 on Wednesday. The company’s 50 day moving average price is $109.13 and its two-hundred day moving average price is $108.57. The firm has a market capitalization of $14.48 billion, a P/E ratio of 12.43 and a beta of 0.29. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.23.

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).