iShares TIPS Bond ETF $TIP Position Increased by West Financial Advisors LLC

West Financial Advisors LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,285 shares of the exchange traded fund’s stock after acquiring an additional 42,410 shares during the quarter. iShares TIPS Bond ETF accounts for about 3.3% of West Financial Advisors LLC’s holdings, making the stock its 10th biggest holding. West Financial Advisors LLC owned 0.14% of iShares TIPS Bond ETF worth $19,375,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Gould Asset Management LLC CA increased its position in shares of iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after purchasing an additional 90 shares during the last quarter. Farrell Financial LLC raised its holdings in shares of iShares TIPS Bond ETF by 1.4% in the 4th quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 98 shares in the last quarter. BOS Asset Management LLC lifted its position in shares of iShares TIPS Bond ETF by 1.0% during the 3rd quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock worth $1,121,000 after purchasing an additional 103 shares during the last quarter. Cottonwood Capital Advisors LLC lifted its position in shares of iShares TIPS Bond ETF by 4.9% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 2,245 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 104 shares during the last quarter. Finally, First National Corp MA ADV grew its stake in shares of iShares TIPS Bond ETF by 2.0% during the third quarter. First National Corp MA ADV now owns 5,489 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $109.76 on Friday. The firm has a market capitalization of $13.75 billion, a PE ratio of 12.40 and a beta of 0.26. The business’s fifty day moving average price is $110.82 and its 200 day moving average price is $110.90. iShares TIPS Bond ETF has a 12 month low of $106.47 and a 12 month high of $112.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.