iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 97.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,067 shares of the exchange traded fund’s stock after acquiring an additional 2,500 shares during the quarter. Wellington Shields & Co. LLC’s holdings in iShares TIPS Bond ETF were worth $540,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $26,000. Mainstream Capital Management LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $30,000. Kestra Investment Management LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $45,000. GPS Wealth Strategies Group LLC lifted its holdings in iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the period. Finally, Washington Trust Advisors Inc. acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $57,000.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $109.42 on Friday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The business has a fifty day moving average of $108.31 and a two-hundred day moving average of $108.53. The company has a market cap of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28.

iShares TIPS Bond ETF Company 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).