FC Advisory LLC Purchases 110 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

FC Advisory LLC boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,511 shares of the exchange traded fund’s stock after buying an additional 110 shares during the quarter. FC Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $587,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. William B. Walkup & Associates Inc. purchased a new position in iShares TIPS Bond ETF during the 2nd quarter valued at about $26,000. Eastern Bank purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth $37,000. Strategic Investment Solutions Inc. IL boosted its holdings in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares during the period. Sound Income Strategies LLC grew its holdings in shares of iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP traded down $0.20 during midday trading on Tuesday, reaching $106.29. 2,618,429 shares of the company’s stock traded hands, compared to its average volume of 3,162,538. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The firm has a fifty day moving average of $107.69 and a two-hundred day moving average of $108.32. The stock has a market capitalization of $18.44 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).