3,973 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Purchased by FSA Investment Group LLC

FSA Investment Group LLC bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,973 shares of the exchange traded fund’s stock, valued at approximately $422,000. iShares TIPS Bond ETF accounts for about 0.4% of FSA Investment Group LLC’s investment portfolio, making the stock its 18th largest position.

Several other large investors have also modified their holdings of the business. The Manufacturers Life Insurance Company boosted its stake in iShares TIPS Bond ETF by 1,236.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock valued at $3,168,000 after acquiring an additional 27,447 shares in the last quarter. New Century Financial Group LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter valued at $256,000. Sanctuary Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $24,990,000. Massmutual Trust Co. FSB ADV grew its stake in iShares TIPS Bond ETF by 2.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 18,848 shares of the exchange traded fund’s stock worth $2,082,000 after buying an additional 462 shares during the last quarter. Finally, Canandaigua National Bank & Trust Co. acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $1,030,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.93 on Friday. The firm has a market capitalization of $18.73 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average price is $107.38 and its 200-day moving average price is $108.33. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

iShares TIPS Bond ETF Profile

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).