Oder Investment Management LLC Grows Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Oder Investment Management LLC increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 32.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,107 shares of the exchange traded fund’s stock after acquiring an additional 1,237 shares during the period. Oder Investment Management LLC’s holdings in iShares TIPS Bond ETF were worth $549,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA boosted its holdings in iShares TIPS Bond ETF by 19.0% during the fourth quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock worth $34,443,000 after buying an additional 51,104 shares in the last quarter. Frontier Asset Management LLC boosted its holdings in iShares TIPS Bond ETF by 10.6% during the third quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock worth $11,800,000 after buying an additional 10,890 shares in the last quarter. Wealthspire Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 10.0% during the third quarter. Wealthspire Advisors LLC now owns 5,027 shares of the exchange traded fund’s stock worth $521,000 after buying an additional 456 shares in the last quarter. Ellis Investment Partners LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.6% in the third quarter. Ellis Investment Partners LLC now owns 30,989 shares of the exchange traded fund’s stock valued at $3,214,000 after purchasing an additional 199 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of iShares TIPS Bond ETF by 86.1% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 2,014 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded down $0.02 on Wednesday, hitting $104.82. The company’s stock had a trading volume of 1,301,494 shares, compared to its average volume of 2,174,550. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $110.47. The company has a market capitalization of $18.19 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock has a 50 day moving average of $106.51 and a 200-day moving average of $105.99.

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).