Mezzasalma Advisors LLC Purchases New Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Mezzasalma Advisors LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,783 shares of the exchange traded fund’s stock, valued at approximately $510,000.

Other large investors have also modified their holdings of the company. Tsfg LLC increased its holdings in iShares TIPS Bond ETF by 8.3% during the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares during the period. KMG Fiduciary Partners LLC boosted its position in iShares TIPS Bond ETF by 0.6% in the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares during the last quarter. GPS Wealth Strategies Group LLC increased its stake in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares during the period. First United Bank & Trust lifted its holdings in shares of iShares TIPS Bond ETF by 3.2% in the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares during the period. Finally, FC Advisory LLC grew its stake in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares during the period.

iShares TIPS Bond ETF Trading Down 0.3 %

Shares of TIP opened at $108.44 on Friday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The firm has a market cap of $18.81 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock’s 50 day moving average is $107.41 and its two-hundred day moving average is $108.35.

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).