Savant Capital LLC Buys 1,391 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Savant Capital LLC raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 27,695 shares of the exchange traded fund’s stock after purchasing an additional 1,391 shares during the quarter. Savant Capital LLC’s holdings in iShares TIPS Bond ETF were worth $2,951,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after buying an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA grew its position in shares of iShares TIPS Bond ETF by 52.6% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after buying an additional 147,849 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after acquiring an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.0 %

Shares of NYSEARCA TIP opened at $108.46 on Wednesday. The firm has a market cap of $18.82 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s fifty day simple moving average is $107.40 and its 200 day simple moving average is $108.39. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).