3,100 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Purchased by Napatree Capital LLC

Napatree Capital LLC purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,100 shares of the exchange traded fund’s stock, valued at approximately $333,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Baldwin Brothers LLC MA increased its holdings in shares of iShares TIPS Bond ETF by 19.0% during the fourth quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock worth $34,443,000 after buying an additional 51,104 shares in the last quarter. Ieq Capital LLC increased its holdings in shares of iShares TIPS Bond ETF by 3.9% during the fourth quarter. Ieq Capital LLC now owns 4,611 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 174 shares in the last quarter. Frontier Asset Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 10.6% during the third quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock worth $11,800,000 after buying an additional 10,890 shares in the last quarter. Summit Financial Strategies Inc. increased its holdings in shares of iShares TIPS Bond ETF by 35.3% during the fourth quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 797 shares in the last quarter. Finally, Berger Financial Group Inc increased its holdings in shares of iShares TIPS Bond ETF by 11.2% during the fourth quarter. Berger Financial Group Inc now owns 2,636 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 265 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.3 %

NYSEARCA TIP opened at $107.02 on Tuesday. The firm has a market cap of $18.57 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a 50 day moving average of $106.17 and a 200-day moving average of $106.59. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $108.54.

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).