Stephenson & Company Inc. Purchases 1,835 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Stephenson & Company Inc. increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,300 shares of the exchange traded fund’s stock after purchasing an additional 1,835 shares during the quarter. iShares TIPS Bond ETF makes up about 2.2% of Stephenson & Company Inc.’s holdings, making the stock its 11th biggest position. Stephenson & Company Inc.’s holdings in iShares TIPS Bond ETF were worth $3,228,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Tsfg LLC boosted its stake in shares of iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 93 shares during the last quarter. KMG Fiduciary Partners LLC lifted its holdings in iShares TIPS Bond ETF by 0.6% during the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after acquiring an additional 100 shares during the period. First United Bank & Trust boosted its position in iShares TIPS Bond ETF by 3.2% in the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 108 shares during the last quarter. FC Advisory LLC grew its stake in iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 110 shares during the period. Finally, Chicago Partners Investment Group LLC grew its stake in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 117 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $108.01 on Friday. The stock has a fifty day moving average price of $107.39 and a 200-day moving average price of $108.32. The firm has a market cap of $18.74 billion, a PE ratio of 11.86 and a beta of 0.09. 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).