GenTrust LLC Increases Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

GenTrust LLC boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,756 shares of the exchange traded fund’s stock after acquiring an additional 15,594 shares during the period. iShares TIPS Bond ETF accounts for approximately 1.0% of GenTrust LLC’s investment portfolio, making the stock its 24th biggest position. GenTrust LLC’s holdings in iShares TIPS Bond ETF were worth $22,563,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TIP. Kestra Investment Management LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at about $45,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares during the last quarter. Centricity Wealth Management LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at about $82,000. Eagle Bay Advisors LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at about $96,000. Finally, Bank of Jackson Hole Trust acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at about $115,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $109.71 on Thursday. The firm has a market capitalization of $14.04 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. The company’s 50-day moving average is $107.53 and its two-hundred day moving average is $108.45. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

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).