iShares TIPS Bond ETF $TIP Shares Purchased by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 325,970 shares of the exchange traded fund’s stock after purchasing an additional 11,650 shares during the period. iShares TIPS Bond ETF accounts for approximately 4.7% of Arbor Investment Advisors LLC’s portfolio, making the stock its 8th biggest position. Arbor Investment Advisors LLC owned about 0.26% of iShares TIPS Bond ETF worth $35,827,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Holos Integrated Wealth LLC acquired a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000. Abound Wealth Management acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $41,000. Triumph Capital Management acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $51,000. Finally, Signaturefd LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $53,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $111.02 on Monday. iShares TIPS Bond ETF has a twelve month low of $106.47 and a twelve month high of $112.26. The stock has a market capitalization of $14.03 billion, a PE ratio of 12.40 and a beta of 0.28. The stock has a 50-day simple moving average of $110.91 and a 200 day simple moving average of $110.81.

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). 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.