Financial & Tax Architects LLC Boosts Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Financial & Tax Architects LLC grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,916 shares of the exchange traded fund’s stock after buying an additional 1,991 shares during the quarter. iShares TIPS Bond ETF accounts for 1.7% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 15th largest position. Financial & Tax Architects LLC’s holdings in iShares TIPS Bond ETF were worth $6,704,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TIP. William B. Walkup & Associates Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth $26,000. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC lifted its stake in shares of iShares TIPS Bond ETF by 28.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock traded up $0.04 during trading hours on Friday, hitting $107.18. The company’s stock had a trading volume of 1,068,073 shares, compared to its average volume of 3,022,688. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The firm has a fifty day moving average of $107.44 and a 200-day moving average of $108.27. The stock has a market cap of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).