Whalen Wealth Management Inc. Buys 1,018 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Whalen Wealth Management Inc. increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,324 shares of the exchange traded fund’s stock after buying an additional 1,018 shares during the period. Whalen Wealth Management Inc.’s holdings in iShares TIPS Bond ETF were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TIP. FMR LLC increased its position in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at $102,200,000. International Assets Investment Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of iShares TIPS Bond ETF by 25,645.3% in the 4th quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after purchasing an additional 272,866 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the second quarter worth $24,990,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $107.14 on Thursday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The stock’s fifty day moving average price is $107.38 and its 200-day moving average price is $108.31. The company has a market cap of $18.59 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).