TIAA Trust National Association Acquires 925 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

TIAA Trust National Association grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,807 shares of the exchange traded fund’s stock after purchasing an additional 925 shares during the quarter. TIAA Trust National Association’s holdings in iShares TIPS Bond ETF were worth $10,315,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of TIP. GPS Wealth Strategies Group LLC grew its stake in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares during the period. FC Advisory LLC boosted its holdings in iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after buying an additional 110 shares during the last quarter. Clear Investment Research LLC boosted its holdings in iShares TIPS Bond ETF by 2.2% during the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock worth $652,000 after buying an additional 130 shares during the last quarter. Bank of Marin grew its position in shares of iShares TIPS Bond ETF by 1.5% during the 4th quarter. Bank of Marin now owns 9,220 shares of the exchange traded fund’s stock worth $982,000 after buying an additional 137 shares during the period. Finally, TI Trust Inc. increased its stake in shares of iShares TIPS Bond ETF by 0.7% in the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after acquiring an additional 147 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $110.00 on Wednesday. The firm’s 50 day simple moving average is $108.81 and its 200 day simple moving average is $108.56. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The company has a market capitalization of $14.32 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).