Exencial Wealth Advisors LLC Boosts Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Exencial Wealth Advisors LLC increased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,897 shares of the exchange traded fund’s stock after acquiring an additional 619 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $3,185,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TIP. Patten Group Inc. purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $221,000. Steward Partners Investment Advisory LLC lifted its stake in iShares TIPS Bond ETF by 46.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 37,145 shares of the exchange traded fund’s stock valued at $3,958,000 after buying an additional 11,849 shares during the last quarter. Scratch Capital LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $2,688,000. Schechter Investment Advisors LLC lifted its stake in iShares TIPS Bond ETF by 0.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 62,179 shares of the exchange traded fund’s stock valued at $6,625,000 after buying an additional 171 shares during the last quarter. Finally, Wernau Asset Management Inc. purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $203,000.

iShares TIPS Bond ETF Trading Down 0.4 %

Shares of NYSEARCA TIP opened at $110.25 on Wednesday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The stock has a 50 day moving average of $107.83 and a two-hundred day moving average of $108.49. The stock has a market cap of $14.11 billion, a P/E ratio of 12.25 and a beta of 0.26.

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).