iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Holdings Lifted by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 32.2% in the 4th quarter, Holdings Channel reports. The fund owned 24,926 shares of the exchange traded fund’s stock after buying an additional 6,078 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in iShares TIPS Bond ETF were worth $2,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at $26,000. Eastern Bank acquired a new position in iShares TIPS Bond ETF during the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its stake in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC boosted its position in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC grew its stake in iShares TIPS Bond ETF by 28.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 194 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.18 on Tuesday. The business’s 50-day moving average is $107.42 and its 200-day moving average is $108.31. The company has a market capitalization of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06.

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).