iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Guidance Point Advisors LLC

Guidance Point Advisors LLC raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,304 shares of the exchange traded fund’s stock after acquiring an additional 1,312 shares during the period. iShares TIPS Bond ETF makes up approximately 1.5% of Guidance Point Advisors LLC’s investment portfolio, making the stock its 16th largest position. Guidance Point Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $4,010,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $26,000. Fortis Group Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $27,000. Trifecta Capital Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $27,000. Fortis Capital Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $28,000. Finally, Life Planning Partners Inc purchased a new position in iShares TIPS Bond ETF in the 4th quarter valued at approximately $30,000.

iShares TIPS Bond ETF Stock Up 0.1 %

TIP stock traded up $0.11 during midday trading on Wednesday, hitting $105.46. The company’s stock had a trading volume of 518,840 shares, compared to its average volume of 2,191,452. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $110.88. The firm has a market capitalization of $18.52 billion, a P/E ratio of 11.92 and a beta of 0.09. The firm has a 50-day simple moving average of $106.61 and a 200-day simple moving average of $105.79.

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).