Fermata Advisors LLC Grows Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fermata Advisors LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 32,959 shares of the exchange traded fund’s stock after acquiring an additional 1,496 shares during the period. Fermata Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,519,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. YHB Investment Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at $30,000. First Pacific Financial lifted its holdings in shares of iShares TIPS Bond ETF by 197.0% during the 1st quarter. First Pacific Financial now owns 294 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 195 shares in the last quarter. Pacific Capital Wealth Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $33,000. Salem Investment Counselors Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 1st quarter valued at $36,000. Finally, LifeSteps Financial Inc. acquired a new position in shares of iShares TIPS Bond ETF during the 1st quarter valued at $45,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded up $0.28 during midday trading on Friday, hitting $108.20. 804,909 shares of the company’s stock traded hands, compared to its average volume of 2,002,958. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $109.13. The company has a market cap of $18.77 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s fifty day moving average price is $107.17 and its two-hundred day moving average price is $106.71.

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).