iShares TIPS Bond ETF $TIP Stock Holdings Boosted by Net Worth Advisory Group

Net Worth Advisory Group grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,018 shares of the exchange traded fund’s stock after purchasing an additional 9,008 shares during the quarter. iShares TIPS Bond ETF makes up about 2.5% of Net Worth Advisory Group’s holdings, making the stock its 5th biggest position. Net Worth Advisory Group’s holdings in iShares TIPS Bond ETF were worth $12,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Gould Asset Management LLC CA boosted 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 in the last quarter. Farrell Financial LLC lifted its position 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 last quarter. BOS Asset Management LLC lifted its position 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 last quarter. Cottonwood Capital Advisors LLC boosted its stake in iShares TIPS Bond ETF by 4.9% in the third quarter. Cottonwood Capital Advisors LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $250,000 after acquiring an additional 104 shares in the last quarter. Finally, First National Corp MA ADV grew its holdings in shares of iShares TIPS Bond ETF by 2.0% during the third quarter. First National Corp MA ADV now owns 5,489 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP opened at $109.67 on Friday. iShares TIPS Bond ETF has a one year low of $106.47 and a one year high of $112.26. The stock has a market capitalization of $13.74 billion, a P/E ratio of 12.40 and a beta of 0.26. The business’s 50-day simple moving average is $110.81 and its 200-day simple moving average is $110.88.

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.