Silver Coast Investments LLC Boosts Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Silver Coast Investments LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,621 shares of the exchange traded fund’s stock after purchasing an additional 346 shares during the period. iShares TIPS Bond ETF comprises 3.7% of Silver Coast Investments LLC’s investment portfolio, making the stock its 10th largest position. Silver Coast Investments LLC owned 0.05% of iShares TIPS Bond ETF worth $9,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth $26,000. Kestra Investment Management LLC bought a new stake in iShares TIPS Bond ETF in the 4th quarter worth $45,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the period. Centricity Wealth Management LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $82,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth about $96,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $110.34 on Monday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The business’s 50-day moving average is $107.67 and its 200 day moving average is $108.46. The stock has a market capitalization of $14.12 billion, a PE ratio of 12.25 and a beta of 0.26.

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).