Baker Ellis Asset Management LLC Invests $550,000 in iShares TIPS Bond ETF $TIP

Baker Ellis Asset Management LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,000 shares of the exchange traded fund’s stock, valued at approximately $550,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TIP. Holos Integrated Wealth LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $29,000. Root Financial Partners LLC purchased a new position in iShares TIPS Bond ETF in the third quarter worth $33,000. Abound Wealth Management bought a new position in iShares TIPS Bond ETF in the third quarter valued at $41,000. Triumph Capital Management bought a new position in iShares TIPS Bond ETF in the third quarter valued at $51,000. Finally, Signaturefd LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at about $53,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Up 0.0%

Shares of TIP stock opened at $110.96 on Friday. The business has a 50-day moving average price of $110.90 and a two-hundred day moving average price of $110.82. iShares TIPS Bond ETF has a 12-month low of $106.47 and a 12-month high of $112.26. The firm has a market cap of $14.00 billion, a P/E ratio of 12.40 and a beta of 0.27.

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.