iShares TIPS Bond ETF $TIP Shares Bought by RTD Financial Advisors Inc.

RTD Financial Advisors Inc. boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 135,961 shares of the exchange traded fund’s stock after buying an additional 5,736 shares during the quarter. iShares TIPS Bond ETF makes up approximately 1.8% of RTD Financial Advisors Inc.’s holdings, making the stock its 17th largest holding. RTD Financial Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $14,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in iShares TIPS Bond ETF during the 3rd quarter valued at about $834,000. Park Avenue Securities LLC increased its position in iShares TIPS Bond ETF by 339.0% during the 4th quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock valued at $3,042,000 after buying an additional 21,372 shares in the last quarter. Bank of America Corp DE increased its position in iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock valued at $1,908,042,000 after buying an additional 4,189,926 shares in the last quarter. Envision Financial LLC increased its position in iShares TIPS Bond ETF by 200.0% during the 4th quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock valued at $989,000 after buying an additional 6,000 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its stake in iShares TIPS Bond ETF by 510.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 18,990 shares of the exchange traded fund’s stock valued at $2,112,000 after purchasing an additional 15,877 shares during the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $111.41 on Tuesday. The business’s 50-day simple moving average is $111.02 and its two-hundred day simple moving average is $110.82. The company has a market cap of $14.41 billion, a PE ratio of 12.40 and a beta of 0.28. iShares TIPS Bond ETF has a fifty-two week low of $107.98 and a fifty-two week high of $112.26.

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.