Sterling Investment Advisors LLC ADV Increases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Sterling Investment Advisors LLC ADV increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,431 shares of the exchange traded fund’s stock after buying an additional 1,235 shares during the quarter. iShares TIPS Bond ETF comprises about 3.0% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 13th biggest position. Sterling Investment Advisors LLC ADV’s holdings in iShares TIPS Bond ETF were worth $5,160,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. FMR LLC increased its stake in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $102,200,000. International Assets Investment Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after acquiring an additional 398,292 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the 2nd quarter worth $24,990,000. Finally, Invst LLC raised its position in iShares TIPS Bond ETF by 2,678.4% in the second quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock valued at $21,789,000 after purchasing an additional 198,312 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $107.00 on Thursday. The company has a market cap of $18.56 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The business’s 50-day simple moving average is $107.48 and its 200 day simple moving average is $108.29.

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).