Mainstream Capital Management LLC Takes Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Mainstream Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 282 shares of the exchange traded fund’s stock, valued at approximately $30,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC raised its holdings in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. grew its position in shares of 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 buying an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $42,463,000. SG Americas Securities LLC lifted its holdings in iShares TIPS Bond ETF by 25,645.3% in the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after acquiring an additional 272,866 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in iShares TIPS Bond ETF by 10,555.0% in the fourth quarter. Proficio Capital Partners LLC now owns 209,904 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 207,934 shares during the period.

iShares TIPS Bond ETF Trading Down 0.4 %

Shares of iShares TIPS Bond ETF stock opened at $110.25 on Wednesday. The stock has a market capitalization of $14.11 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The business’s 50 day simple moving average is $107.83 and its 200-day simple moving average is $108.49.

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).