Icon Wealth Advisors LLC Buys New Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Icon Wealth Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,349 shares of the exchange traded fund’s stock, valued at approximately $1,005,000.

Other hedge funds also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA grew its stake in iShares TIPS Bond ETF by 19.0% during the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock valued at $34,443,000 after purchasing an additional 51,104 shares during the last quarter. Ieq Capital LLC grew its stake in iShares TIPS Bond ETF by 3.9% during the 4th quarter. Ieq Capital LLC now owns 4,611 shares of the exchange traded fund’s stock valued at $496,000 after purchasing an additional 174 shares during the last quarter. Frontier Asset Management LLC grew its stake in iShares TIPS Bond ETF by 10.6% during the 3rd quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock valued at $11,800,000 after purchasing an additional 10,890 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in iShares TIPS Bond ETF by 35.3% during the 4th quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 797 shares during the last quarter. Finally, Berger Financial Group Inc grew its stake in iShares TIPS Bond ETF by 11.2% during the 4th quarter. Berger Financial Group Inc now owns 2,636 shares of the exchange traded fund’s stock valued at $283,000 after purchasing an additional 265 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of TIP traded up $0.10 during mid-day trading on Tuesday, reaching $106.00. The company had a trading volume of 203,443 shares, compared to its average volume of 2,096,566. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54. The stock has a market capitalization of $18.39 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a 50 day moving average of $106.18 and a two-hundred day moving average of $106.53.

iShares TIPS Bond ETF 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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