SRS Capital Advisors Inc. Increases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

SRS Capital Advisors Inc. raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,351 shares of the exchange traded fund’s stock after purchasing an additional 5,132 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $2,808,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TIP. Pinnacle Associates Ltd. lifted its holdings in shares of iShares TIPS Bond ETF by 2.3% in the third quarter. Pinnacle Associates Ltd. now owns 9,506 shares of the exchange traded fund’s stock valued at $1,022,000 after purchasing an additional 217 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares TIPS Bond ETF by 9.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 3,433 shares of the exchange traded fund’s stock valued at $379,000 after purchasing an additional 286 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares during the last quarter. White Pine Investment CO raised its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. White Pine Investment CO now owns 74,266 shares of the exchange traded fund’s stock valued at $8,204,000 after buying an additional 1,284 shares during the last quarter. Finally, Madden Advisory Services Inc. raised its position in shares of iShares TIPS Bond ETF by 16.7% in the third quarter. Madden Advisory Services Inc. now owns 11,030 shares of the exchange traded fund’s stock valued at $1,219,000 after buying an additional 1,579 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $110.34 on Friday. The firm has a 50 day simple moving average of $107.67 and a 200-day simple moving average of $108.46. The firm has a market cap of $14.12 billion, a PE ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

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).