Fermata Advisors LLC Buys 2,911 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Fermata Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,336 shares of the exchange traded fund’s stock after acquiring an additional 2,911 shares during the quarter. Fermata Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $4,085,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Cordant Inc. grew its holdings in iShares TIPS Bond ETF by 10.1% during the fourth quarter. Cordant Inc. now owns 21,278 shares of the exchange traded fund’s stock valued at $2,267,000 after purchasing an additional 1,951 shares during the last quarter. Sterling Investment Advisors LLC ADV grew its stake in iShares TIPS Bond ETF by 2.6% in the 4th quarter. Sterling Investment Advisors LLC ADV now owns 48,431 shares of the exchange traded fund’s stock valued at $5,160,000 after buying an additional 1,235 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in iShares TIPS Bond ETF by 14.1% in the 4th quarter. Pinnacle Bancorp Inc. now owns 2,777 shares of the exchange traded fund’s stock worth $296,000 after acquiring an additional 343 shares during the period. Pines Wealth Management LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth $575,000. Finally, Wallace Advisory Group LLC boosted its holdings in iShares TIPS Bond ETF by 85.1% during the fourth quarter. Wallace Advisory Group LLC now owns 16,025 shares of the exchange traded fund’s stock valued at $1,770,000 after acquiring an additional 7,366 shares during the period.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $107.14 on Friday. 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 $18.59 billion, a PE ratio of 11.86 and a beta of 0.09. The business’s 50-day simple moving average is $107.47 and its 200-day simple moving average is $108.28.

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).