Soltis Investment Advisors LLC Grows Stock Holdings in iShares TIPS Bond ETF $TIP

Soltis Investment Advisors LLC raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 65.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,757 shares of the exchange traded fund’s stock after buying an additional 5,064 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Florin Court Capital LLP lifted its position in shares of iShares TIPS Bond ETF by 40.4% in the 4th quarter. Florin Court Capital LLP now owns 8,000 shares of the exchange traded fund’s stock worth $879,000 after purchasing an additional 2,300 shares during the period. Stephens Inc. AR lifted its position in shares of iShares TIPS Bond ETF by 20.9% in the 4th quarter. Stephens Inc. AR now owns 5,573 shares of the exchange traded fund’s stock worth $613,000 after purchasing an additional 963 shares during the period. Cauble & Harre Wealth Management Inc. purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $709,000. AlphaCore Capital LLC lifted its position in shares of iShares TIPS Bond ETF by 93.1% in the 4th quarter. AlphaCore Capital LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 2,052 shares during the period. Finally, Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $10,486,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $110.61 on Monday. The company has a 50 day moving average price of $111.01 and a 200-day moving average price of $110.78. iShares TIPS Bond ETF has a fifty-two week low of $107.98 and a fifty-two week high of $112.26. The stock has a market capitalization of $14.63 billion, a PE 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.