iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 32.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,918 shares of the exchange traded fund’s stock after purchasing an additional 1,217 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $524,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares during the period. Sterling Financial Planning Inc. lifted its holdings in iShares TIPS Bond ETF by 70.6% in the fourth quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after acquiring an additional 10,345 shares during the last quarter. Merit Financial Group LLC boosted its stake in iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 3,183 shares during the period. M&T Bank Corp grew its holdings in shares of iShares TIPS Bond ETF by 7.1% during the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after purchasing an additional 2,993 shares during the last quarter. Finally, SigFig Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 5.5% during the 4th quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after purchasing an additional 1,491 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $111.09 on Tuesday. The firm has a market capitalization of $14.56 billion, a P/E ratio of 12.43 and a beta of 0.29. The business has a 50 day simple moving average of $109.07 and a 200 day simple moving average of $108.57. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.23.

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).