8,911 Shares in iShares TIPS Bond ETF $TIP Acquired by Waystone Advisors LLC

Waystone Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 8,911 shares of the exchange traded fund’s stock, valued at approximately $979,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rock Point Advisors LLC grew its position in iShares TIPS Bond ETF by 4.6% during the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after acquiring an additional 93 shares during the last quarter. Aspiriant LLC grew its position in iShares TIPS Bond ETF by 2.2% during the 4th quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after acquiring an additional 95 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of iShares TIPS Bond ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after buying an additional 96 shares during the last quarter. Farrell Financial LLC grew its position in shares of iShares TIPS Bond ETF by 1.4% in the 4th quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 98 shares during the last quarter. Finally, LexAurum Advisors LLC grew its position in shares of iShares TIPS Bond ETF by 5.1% in the 3rd quarter. LexAurum Advisors LLC now owns 2,414 shares of the exchange traded fund’s stock worth $268,000 after buying an additional 117 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $110.88 on Thursday. The firm has a market cap of $14.67 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a fifty-two week low of $108.07 and a fifty-two week high of $112.26. The business’s 50 day moving average price is $110.90 and its 200-day moving average price is $110.74.

iShares TIPS Bond ETF Profile

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.