Shade Tree Advisors LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,399 shares of the exchange traded fund’s stock, valued at approximately $362,000. iShares TIPS Bond ETF comprises about 0.4% of Shade Tree Advisors LLC’s investment portfolio, making the stock its 13th biggest holding.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC increased its holdings in shares of iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 298 shares during the period. Peak Financial Management Inc. grew its position in iShares TIPS Bond ETF by 0.7% in the 3rd quarter. Peak Financial Management Inc. now owns 33,670 shares of the exchange traded fund’s stock valued at $3,720,000 after buying an additional 227 shares in the last quarter. First United Bank & Trust increased its stake in iShares TIPS Bond ETF by 3.2% during the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares during the period. Tsfg LLC raised its position in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 93 shares in the last quarter. Finally, Sumitomo Life Insurance Co. acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $102,200,000.
iShares TIPS Bond ETF Price Performance
iShares TIPS Bond ETF stock opened at $108.46 on Wednesday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The stock has a market capitalization of $18.82 billion, a PE ratio of 11.86 and a beta of 0.09. The firm has a 50 day simple moving average of $107.40 and a 200-day simple moving average of $108.39.
About iShares TIPS Bond ETF
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).
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