Biondo Investment Advisors LLC Purchases 213 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Biondo Investment Advisors LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,518 shares of the exchange traded fund’s stock after purchasing an additional 213 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,227,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC grew its holdings in iShares TIPS Bond ETF by 26.0% during the 4th 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 last quarter. FC Advisory LLC lifted its holdings in shares of iShares TIPS Bond ETF by 2.0% during the fourth 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. Clear Investment Research LLC grew its stake in shares of iShares TIPS Bond ETF by 2.2% in the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock worth $652,000 after purchasing an additional 130 shares during the last quarter. Bank of Marin increased its holdings in iShares TIPS Bond ETF by 1.5% in the fourth quarter. Bank of Marin now owns 9,220 shares of the exchange traded fund’s stock valued at $982,000 after purchasing an additional 137 shares during the period. Finally, TI Trust Inc. raised its position in iShares TIPS Bond ETF by 0.7% during the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after purchasing an additional 147 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.5 %

NYSEARCA TIP opened at $110.65 on Friday. The firm has a market capitalization of $14.41 billion, a PE ratio of 12.32 and a beta of 0.28. The business’s 50-day moving average price is $108.99 and its two-hundred day moving average price is $108.58. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month 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).