Morningstar Investment Services LLC Purchases Shares of 3,953 iShares TIPS Bond ETF (NYSEARCA:TIP)

Morningstar Investment Services LLC purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,953 shares of the exchange traded fund’s stock, valued at approximately $425,000.

A number of other hedge funds have also made changes to their positions in TIP. AlphaCore Capital LLC raised its holdings in iShares TIPS Bond ETF by 5.9% during the third quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock worth $193,000 after purchasing an additional 103 shares during the last quarter. Clear Investment Research LLC increased its position in iShares TIPS Bond ETF by 2.0% during the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after buying an additional 103 shares in the last quarter. Objective Capital Management LLC increased its position in iShares TIPS Bond ETF by 5.8% during the third quarter. Objective Capital Management LLC now owns 2,020 shares of the exchange traded fund’s stock worth $210,000 after buying an additional 111 shares in the last quarter. Archer Investment Corp increased its position in iShares TIPS Bond ETF by 10.1% during the fourth quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock worth $136,000 after buying an additional 116 shares in the last quarter. Finally, Inscription Capital LLC increased its position in iShares TIPS Bond ETF by 3.0% during the fourth quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock worth $440,000 after buying an additional 119 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $106.05 on Friday. The stock has a fifty day moving average of $106.20 and a two-hundred day moving average of $106.50. The company has a market capitalization of $18.40 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.54.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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