ERTS Wealth Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 340 shares of the exchange traded fund’s stock, valued at approximately $37,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in shares of iShares TIPS Bond ETF by 2.3% during the 3rd quarter. BlackRock Inc. now owns 11,690,327 shares of the exchange traded fund’s stock worth $1,293,183,000 after purchasing an additional 261,685 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares TIPS Bond ETF by 33.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,857,316 shares of the exchange traded fund’s stock worth $1,090,415,000 after purchasing an additional 2,458,976 shares during the period. Morgan Stanley boosted its stake in shares of iShares TIPS Bond ETF by 0.7% during the 3rd quarter. Morgan Stanley now owns 6,777,338 shares of the exchange traded fund’s stock worth $749,707,000 after purchasing an additional 46,402 shares during the period. LPL Financial LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. LPL Financial LLC now owns 3,021,844 shares of the exchange traded fund’s stock worth $330,922,000 after purchasing an additional 58,976 shares during the period. Finally, Personal Capital Advisors Corp boosted its stake in shares of iShares TIPS Bond ETF by 6.6% during the 4th quarter. Personal Capital Advisors Corp now owns 1,935,219 shares of the exchange traded fund’s stock worth $211,926,000 after purchasing an additional 120,232 shares during the period.

iShares TIPS Bond ETF stock opened at $111.61 on Friday. iShares TIPS Bond ETF has a 1 year low of $107.53 and a 1 year high of $113.22.

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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).

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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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