Sterling Investment Advisors LLC ADV Raises Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Sterling Investment Advisors LLC ADV grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,431 shares of the exchange traded fund’s stock after acquiring an additional 1,235 shares during the quarter. iShares TIPS Bond ETF comprises approximately 3.0% of Sterling Investment Advisors LLC ADV’s portfolio, making the stock its 13th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares TIPS Bond ETF were worth $5,160,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. acquired a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Eastern Bank acquired a new position in iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC lifted its stake in shares of iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.7 %

iShares TIPS Bond ETF stock opened at $107.00 on Thursday. The stock has a fifty day moving average price of $107.48 and a 200 day moving average price of $108.29. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The firm has a market capitalization of $18.56 billion, a P/E ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

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).