Heritage Trust Co Buys New Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Heritage Trust Co purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 40,427 shares of the exchange traded fund’s stock, valued at approximately $4,308,000.

Several other large investors also recently bought and sold shares of TIP. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $26,000. Mainstream Capital Management LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $30,000. Biltmore Family Office LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $32,000. Kestra Investment Management LLC purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $45,000. Finally, Runnymede Capital Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $47,000.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $107.93 on Friday. The company has a fifty day moving average price of $109.45 and a 200 day moving average price of $108.53. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.51. The company has a market cap of $14.15 billion, a price-to-earnings ratio of 12.43 and a beta of 0.29.

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).