iShares TIPS Bond ETF (NYSEARCA:TIP) is Evoke Wealth LLC’s 8th Largest Position

Evoke Wealth LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,101,020 shares of the exchange traded fund’s stock after selling 7,060 shares during the period. iShares TIPS Bond ETF accounts for 3.3% of Evoke Wealth LLC’s investment portfolio, making the stock its 8th biggest holding. Evoke Wealth LLC owned approximately 0.63% of iShares TIPS Bond ETF worth $117,314,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. GPS Wealth Strategies Group LLC raised its holdings in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the period. FC Advisory LLC boosted its stake in iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares during the period. Colony Family Offices LLC boosted its stake in iShares TIPS Bond ETF by 7.0% in the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 133 shares during the period. TI Trust Inc. grew its holdings in iShares TIPS Bond ETF by 0.7% during the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after buying an additional 147 shares in the last quarter. Finally, Jacobi Capital Management LLC increased its position in shares of iShares TIPS Bond ETF by 1.4% during the fourth quarter. Jacobi Capital Management LLC now owns 10,785 shares of the exchange traded fund’s stock valued at $1,149,000 after buying an additional 151 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP opened at $109.45 on Tuesday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The company has a fifty day moving average price of $108.37 and a 200-day moving average price of $108.52. The firm has a market capitalization of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28.

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).