McAdam LLC Buys 843 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

McAdam LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,814 shares of the exchange traded fund’s stock after acquiring an additional 843 shares during the quarter. McAdam LLC’s holdings in iShares TIPS Bond ETF were worth $732,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Meritas Wealth Management LLC lifted its holdings in iShares TIPS Bond ETF by 1.8% during the 3rd quarter. Meritas Wealth Management LLC now owns 5,658 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 100 shares in the last quarter. Gradient Investments LLC increased its position in shares of iShares TIPS Bond ETF by 15.6% during the third quarter. Gradient Investments LLC now owns 763 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 103 shares during the period. AlphaCore Capital LLC boosted its holdings in shares of iShares TIPS Bond ETF by 5.9% in the third quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock valued at $193,000 after purchasing an additional 103 shares during the period. Welch & Forbes LLC boosted its holdings in shares of iShares TIPS Bond ETF by 0.4% in the third quarter. Welch & Forbes LLC now owns 26,805 shares of the exchange traded fund’s stock valued at $2,780,000 after purchasing an additional 104 shares during the period. Finally, Fortune Financial Advisors LLC grew its stake in iShares TIPS Bond ETF by 0.5% in the third quarter. Fortune Financial Advisors LLC now owns 19,823 shares of the exchange traded fund’s stock worth $2,056,000 after purchasing an additional 107 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of NYSEARCA TIP opened at $106.04 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.47. The business has a fifty day simple moving average of $106.53 and a two-hundred day simple moving average of $105.98. The firm has a market cap of $18.62 billion, a PE ratio of 11.92 and a beta of 0.09.

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).