iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Raised by Nwam LLC

Nwam LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 72.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 24,626 shares of the exchange traded fund’s stock after purchasing an additional 10,347 shares during the quarter. Nwam LLC’s holdings in iShares TIPS Bond ETF were worth $2,624,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TIP. Valmark Advisers Inc. raised its position in iShares TIPS Bond ETF by 15.5% in the third quarter. Valmark Advisers Inc. now owns 4,082 shares of the exchange traded fund’s stock worth $451,000 after acquiring an additional 547 shares in the last quarter. Pinnacle Associates Ltd. increased its stake in iShares TIPS Bond ETF by 2.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 9,506 shares of the exchange traded fund’s stock worth $1,022,000 after purchasing an additional 217 shares in the last quarter. Stephenson & Company Inc. increased its stake in iShares TIPS Bond ETF by 7.2% in the 3rd quarter. Stephenson & Company Inc. now owns 28,465 shares of the exchange traded fund’s stock worth $3,145,000 after purchasing an additional 1,900 shares in the last quarter. Fiducient Advisors LLC increased its stake in iShares TIPS Bond ETF by 6.0% in the 3rd quarter. Fiducient Advisors LLC now owns 11,598 shares of the exchange traded fund’s stock worth $1,281,000 after purchasing an additional 661 shares in the last quarter. Finally, Goldstone Financial Group LLC purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth about $235,000.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of TIP opened at $109.58 on Friday. The business’s 50-day moving average price is $107.59 and its 200 day moving average price is $108.45. The stock has a market capitalization of $14.03 billion, a P/E ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year 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).