iShares TIPS Bond ETF $TIP Stock Holdings Lifted by Waverly Advisors LLC

Waverly Advisors LLC grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 36.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,856 shares of the exchange traded fund’s stock after purchasing an additional 16,632 shares during the period. Waverly Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $6,826,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TIP. Keybank National Association OH raised its holdings in iShares TIPS Bond ETF by 3.0% in the 4th quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock worth $69,814,000 after acquiring an additional 18,437 shares during the period. Calder Financial LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter valued at about $1,342,000. Mezzasalma Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 106.0% during the fourth quarter. Mezzasalma Advisors LLC now owns 46,410 shares of the exchange traded fund’s stock valued at $5,099,000 after acquiring an additional 23,884 shares during the period. Farther Finance Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 141.2% during the fourth quarter. Farther Finance Advisors LLC now owns 54,136 shares of the exchange traded fund’s stock valued at $5,950,000 after acquiring an additional 31,689 shares during the period. Finally, Arta Finance Wealth Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $707,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $107.39 on Tuesday. The business’s 50-day simple moving average is $109.13 and its 200-day simple moving average is $110.26. The firm has a market capitalization of $14.51 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $107.39 and a 52 week high of $112.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.