Vima LLC Invests $54,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Vima LLC bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 504 shares of the exchange traded fund’s stock, valued at approximately $54,000.

A number of other large investors also recently made changes to their positions in TIP. Fortis Group Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the third quarter worth approximately $27,000. Trifecta Capital Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $27,000. Life Planning Partners Inc acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $30,000. Covestor Ltd acquired a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $33,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $33,000.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of TIP stock traded up $0.13 during trading hours on Friday, reaching $106.90. The company’s stock had a trading volume of 1,395,643 shares, compared to its average volume of 2,106,989. The firm’s 50 day simple moving average is $106.16 and its 200-day simple moving average is $106.57. The company has a market capitalization of $18.55 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.54.

About iShares TIPS Bond ETF

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).