9,349 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,349 shares of the exchange traded fund’s stock, valued at approximately $1,005,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TIP. AlphaCore Capital LLC raised its holdings in shares of iShares TIPS Bond ETF by 5.9% in the 3rd quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock worth $193,000 after purchasing an additional 103 shares in the last quarter. Clear Investment Research LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% in the 4th quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after purchasing an additional 103 shares in the last quarter. Objective Capital Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 5.8% in the 3rd quarter. Objective Capital Management LLC now owns 2,020 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 111 shares in the last quarter. Archer Investment Corp raised its holdings in shares of iShares TIPS Bond ETF by 10.1% in the 4th quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 116 shares in the last quarter. Finally, Inscription Capital LLC raised its holdings in shares of iShares TIPS Bond ETF by 3.0% during the fourth quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock valued at $440,000 after acquiring an additional 119 shares during the period.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of TIP stock traded up $0.10 during trading hours on Tuesday, reaching $106.00. 203,443 shares of the stock traded hands, compared to its average volume of 2,096,566. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $108.54. The business has a fifty day moving average price of $106.18 and a 200 day moving average price of $106.53. The firm has a market capitalization of $18.39 billion, a PE ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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