DecisionMap Wealth Management LLC Takes $560,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

DecisionMap Wealth Management LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,256 shares of the exchange traded fund’s stock, valued at approximately $560,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. FMR LLC lifted its stake in shares of iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after acquiring an additional 51,713 shares during the last quarter. Sumitomo Life Insurance Co. raised its position in iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the last quarter. Assetmark Inc. raised its position in iShares TIPS Bond ETF by 1,852.1% during the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after purchasing an additional 1,378,094 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in iShares TIPS Bond ETF by 7.0% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 893,256 shares of the exchange traded fund’s stock valued at $105,032,000 after purchasing an additional 58,066 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP opened at $109.52 on Thursday. The business has a 50 day simple moving average of $108.20 and a two-hundred day simple moving average of $108.52. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06.

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).