Financial & Tax Architects LLC Has $4.74 Million Stock Position in iShares TIPS Bond ETF $TIP

Financial & Tax Architects LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,113 shares of the exchange traded fund’s stock after selling 9,057 shares during the period. Financial & Tax Architects LLC’s holdings in iShares TIPS Bond ETF were worth $4,739,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares TIPS Bond ETF during the third quarter valued at $834,000. Park Avenue Securities LLC grew its holdings 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 worth $3,042,000 after acquiring an additional 21,372 shares during the period. Bank of America Corp DE raised its position in shares of iShares TIPS Bond ETF by 32.3% in the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares in the last quarter. Fermata Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 16.0% in the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock worth $5,240,000 after acquiring an additional 6,514 shares in the last quarter. Finally, Carr Financial Group Corp acquired a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $621,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $110.81 on Monday. The stock’s 50-day moving average is $110.86 and its 200 day moving average is $110.83. iShares TIPS Bond ETF has a one year low of $106.47 and a one year high of $112.26. The firm has a market cap of $13.96 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.

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.