iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Holdings Boosted by Signature Wealth Management Group

Signature Wealth Management Group raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,328 shares of the exchange traded fund’s stock after purchasing an additional 725 shares during the quarter. iShares TIPS Bond ETF comprises 1.7% of Signature Wealth Management Group’s portfolio, making the stock its 18th largest holding. Signature Wealth Management Group’s holdings in iShares TIPS Bond ETF were worth $4,297,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Family Firm Inc. raised its holdings in shares of iShares TIPS Bond ETF by 0.5% during the fourth quarter. Family Firm Inc. now owns 187,377 shares of the exchange traded fund’s stock worth $19,965,000 after acquiring an additional 970 shares in the last quarter. Wellington Shields & Co. LLC raised its holdings in shares of iShares TIPS Bond ETF by 97.4% during the fourth quarter. Wellington Shields & Co. LLC now owns 5,067 shares of the exchange traded fund’s stock worth $540,000 after acquiring an additional 2,500 shares in the last quarter. First National Trust Co raised its holdings in shares of iShares TIPS Bond ETF by 86.0% during the fourth quarter. First National Trust Co now owns 9,050 shares of the exchange traded fund’s stock worth $964,000 after acquiring an additional 4,185 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $2,314,000. Finally, May Barnhard Investments LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $477,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $109.42 on Friday. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The company’s fifty day moving average price is $108.31 and its two-hundred day moving average price is $108.53.

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).