Mezzasalma Advisors LLC Purchases 23,884 Shares of iShares TIPS Bond ETF $TIP

Mezzasalma Advisors LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 106.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,410 shares of the exchange traded fund’s stock after purchasing an additional 23,884 shares during the quarter. iShares TIPS Bond ETF accounts for about 1.2% of Mezzasalma Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Mezzasalma Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $5,099,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TIP. Gould Asset Management LLC CA grew its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 90 shares during the period. Aspiriant LLC lifted its holdings in iShares TIPS Bond ETF by 2.2% during the fourth quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after acquiring an additional 95 shares in the last quarter. Farrell Financial LLC grew its stake in iShares TIPS Bond ETF by 1.4% in the fourth quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after acquiring an additional 98 shares during the period. BOS Asset Management LLC grew its stake in iShares TIPS Bond ETF by 1.0% in the third quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock valued at $1,121,000 after acquiring an additional 103 shares during the period. Finally, Cottonwood Capital Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 4.9% during the third quarter. Cottonwood Capital Advisors LLC now owns 2,245 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 104 shares during the period. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $110.81 on Monday. The stock has a market capitalization of $13.96 billion, a PE ratio of 12.40 and a beta of 0.26. The business’s 50-day simple moving average is $110.86 and its 200-day simple moving average is $110.83. iShares TIPS Bond ETF has a fifty-two week low of $106.47 and a fifty-two week high of $112.26.

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). 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.