Yanni & Associates Investment Advisors LLC Purchases New Shares in iShares TIPS Bond ETF $TIP

Yanni & Associates Investment Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 16,899 shares of the exchange traded fund’s stock, valued at approximately $1,857,000. iShares TIPS Bond ETF accounts for 1.9% of Yanni & Associates Investment Advisors LLC’s holdings, making the stock its 13th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TIP. Brighton Jones LLC grew its position in iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after buying an additional 1,102 shares during the period. AQR Capital Management LLC acquired a new stake in iShares TIPS Bond ETF during the first quarter valued at $432,000. Goldman Sachs Group Inc. grew its position in iShares TIPS Bond ETF by 82.1% during the first quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock valued at $54,099,000 after buying an additional 219,598 shares during the period. Brown Advisory Inc. grew its position in iShares TIPS Bond ETF by 5.1% during the second quarter. Brown Advisory Inc. now owns 2,755 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 134 shares during the period. Finally, NewEdge Advisors LLC grew its position in iShares TIPS Bond ETF by 5.3% during the second quarter. NewEdge Advisors LLC now owns 33,907 shares of the exchange traded fund’s stock valued at $3,731,000 after buying an additional 1,717 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP stock opened at $110.48 on Tuesday. The firm has a market cap of $14.62 billion, a PE ratio of 12.40 and a beta of 0.27. The firm’s fifty day moving average is $111.00 and its 200 day moving average is $110.77. iShares TIPS Bond ETF has a one year low of $107.98 and a one year high of $112.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.