Dynamic Advisor Solutions LLC Purchases 333 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Dynamic Advisor Solutions LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 9,284 shares of the exchange traded fund’s stock after acquiring an additional 333 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares TIPS Bond ETF were worth $1,031,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TIP. Brighton Jones LLC raised its stake in iShares TIPS Bond ETF by 8.0% in the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after acquiring an additional 1,102 shares during the period. Rhumbline Advisers raised its stake in iShares TIPS Bond ETF by 0.5% in the 4th quarter. Rhumbline Advisers now owns 288,596 shares of the exchange traded fund’s stock valued at $30,750,000 after acquiring an additional 1,459 shares during the period. Citizens & Northern Corp raised its stake in iShares TIPS Bond ETF by 42.9% in the 4th quarter. Citizens & Northern Corp now owns 5,063 shares of the exchange traded fund’s stock valued at $539,000 after acquiring an additional 1,519 shares during the period. D.A. Davidson & CO. raised its stake in iShares TIPS Bond ETF by 3.4% in the 4th quarter. D.A. Davidson & CO. now owns 86,956 shares of the exchange traded fund’s stock valued at $9,265,000 after acquiring an additional 2,843 shares during the period. Finally, Atria Wealth Solutions Inc. grew its holdings in iShares TIPS Bond ETF by 29.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 82,827 shares of the exchange traded fund’s stock valued at $8,825,000 after buying an additional 18,906 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.5%

Shares of TIP opened at $109.02 on Wednesday. The business’s 50-day moving average price is $108.85 and its 200-day moving average price is $108.57. iShares TIPS Bond ETF has a twelve month low of $105.85 and a twelve month high of $111.51. The stock has a market cap of $13.88 billion, a PE ratio of 12.40 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).