Soltis Investment Advisors LLC Grows Position in iShares TIPS Bond ETF $TIP

Soltis Investment Advisors LLC increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 65.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,757 shares of the exchange traded fund’s stock after purchasing an additional 5,064 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,402,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Rock Point Advisors LLC boosted its position in iShares TIPS Bond ETF by 4.6% in the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 93 shares during the period. Aspiriant LLC boosted its position in iShares TIPS Bond ETF by 2.2% in the 4th quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock valued at $481,000 after buying an additional 95 shares during the period. Apollon Wealth Management LLC boosted its position in iShares TIPS Bond ETF by 2.3% in the 4th quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock valued at $468,000 after buying an additional 96 shares during the period. Farrell Financial LLC boosted its position in iShares TIPS Bond ETF by 1.4% in the 4th quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 98 shares during the period. Finally, LexAurum Advisors LLC boosted its position in iShares TIPS Bond ETF by 5.1% in the 3rd quarter. LexAurum Advisors LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 117 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $110.61 on Monday. The stock has a market cap of $14.63 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 1 year low of $107.98 and a 1 year high of $112.26. The firm has a 50-day moving average of $111.01 and a two-hundred day moving average of $110.78.

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). 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.