Sykon Capital LLC Acquires New Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Sykon Capital LLC acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,280 shares of the exchange traded fund’s stock, valued at approximately $1,212,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA increased its position in iShares TIPS Bond ETF by 19.0% during the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock valued at $34,443,000 after buying an additional 51,104 shares in the last quarter. Frontier Asset Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 10.6% in the 3rd quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock worth $11,800,000 after purchasing an additional 10,890 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of iShares TIPS Bond ETF by 10.0% in the 3rd quarter. Wealthspire Advisors LLC now owns 5,027 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 456 shares in the last quarter. Ellis Investment Partners LLC increased its holdings in shares of iShares TIPS Bond ETF by 0.6% in the 3rd quarter. Ellis Investment Partners LLC now owns 30,989 shares of the exchange traded fund’s stock worth $3,214,000 after purchasing an additional 199 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of iShares TIPS Bond ETF by 86.1% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 2,014 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.5 %

Shares of iShares TIPS Bond ETF stock traded up $0.54 on Friday, reaching $105.93. The company’s stock had a trading volume of 2,388,261 shares, compared to its average volume of 2,200,094. The company has a market capitalization of $18.38 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The firm’s fifty day simple moving average is $106.48 and its two-hundred day simple moving average is $106.00. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $110.47.

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).