iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 58.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 57,455 shares of the exchange traded fund’s stock after acquiring an additional 21,297 shares during the period. iShares TIPS Bond ETF accounts for 1.6% of Alliance Wealth Advisors LLC UT’s portfolio, making the stock its 10th biggest position. Alliance Wealth Advisors LLC UT’s holdings in iShares TIPS Bond ETF were worth $6,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TIP. Tsfg LLC raised its stake in shares of iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC lifted its holdings in iShares TIPS Bond ETF by 0.6% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after buying an additional 100 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares in the last quarter. First United Bank & Trust increased its holdings in shares of iShares TIPS Bond ETF by 3.2% in the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 108 shares during the last quarter. Finally, FC Advisory LLC lifted its stake in iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $108.26 on Tuesday. The company’s fifty day moving average is $107.39 and its two-hundred day moving average is $108.34. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF 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).