iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Lifted by White Pine Investment CO

White Pine Investment CO increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,306 shares of the exchange traded fund’s stock after purchasing an additional 4,040 shares during the period. iShares TIPS Bond ETF accounts for about 2.3% of White Pine Investment CO’s investment portfolio, making the stock its 17th largest holding. White Pine Investment CO’s holdings in iShares TIPS Bond ETF were worth $8,344,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $26,000. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 28.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of NYSEARCA TIP opened at $107.26 on Wednesday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The company has a market cap of $18.61 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The business has a fifty day simple moving average of $107.39 and a 200-day simple moving average of $108.31.

iShares TIPS Bond ETF Company 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).