Fermata Advisors LLC Has $4.56 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fermata Advisors LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.1% in the first quarter, Holdings Channel reports. The firm owned 41,071 shares of the exchange traded fund’s stock after purchasing an additional 2,735 shares during the period. Fermata Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $4,563,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of TIP. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $26,000. NBC Securities Inc. acquired a new position in iShares TIPS Bond ETF in the first quarter valued at about $26,000. Copia Wealth Management acquired a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $26,000. Transce3nd LLC acquired a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $29,000. Finally, Mainstream Capital Management LLC acquired a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $30,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $108.97 on Thursday. The stock has a 50 day simple moving average of $109.12 and a 200 day simple moving average of $108.54. iShares TIPS Bond ETF has a 52-week low of $105.85 and a 52-week high of $111.51. The firm has a market capitalization of $13.87 billion, a PE ratio of 12.40 and a beta of 0.28.

iShares TIPS Bond ETF 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).