Sanctuary Advisors LLC increased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 10.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,365 shares of the exchange traded fund’s stock after purchasing an additional 8,941 shares during the quarter. Sanctuary Advisors LLC owned 0.07% of iShares TIPS Bond ETF worth $10,083,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. TD Capital Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $25,000. Woodside Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 167.8% in the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 151 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $28,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $29,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Price Performance
Shares of NYSEARCA TIP opened at $108.27 on Friday. The company has a market capitalization of $14.55 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The business has a 50-day moving average of $109.52 and a two-hundred day moving average of $110.36. iShares TIPS Bond ETF has a 1 year low of $107.82 and a 1 year 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.
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