IHT Wealth Management LLC Increases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

IHT Wealth Management LLC raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,367 shares of the exchange traded fund’s stock after purchasing an additional 1,864 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $785,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Stifel Financial Corp increased its position in shares of iShares TIPS Bond ETF by 3.7% during the fourth quarter. Stifel Financial Corp now owns 329,526 shares of the exchange traded fund’s stock valued at $35,111,000 after buying an additional 11,865 shares during the period. TD Waterhouse Canada Inc. grew its holdings in shares of iShares TIPS Bond ETF by 1.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 219,664 shares of the exchange traded fund’s stock worth $23,405,000 after acquiring an additional 3,278 shares during the period. Transce3nd LLC bought a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $29,000. MML Investors Services LLC lifted its stake in shares of iShares TIPS Bond ETF by 33.5% in the 4th quarter. MML Investors Services LLC now owns 273,630 shares of the exchange traded fund’s stock valued at $29,155,000 after purchasing an additional 68,663 shares during the period. Finally, Natixis bought a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $1,659,000.

iShares TIPS Bond ETF Trading Up 0.5 %

TIP opened at $109.77 on Friday. The company has a market cap of $14.02 billion, a price-to-earnings ratio of 12.22 and a beta of 0.29. The stock has a fifty day simple moving average of $109.51 and a two-hundred day simple moving average of $108.44. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.51.

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).