BlueSky Wealth Advisors LLC Acquires 5,698 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

BlueSky Wealth Advisors LLC lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 110,945 shares of the exchange traded fund’s stock after buying an additional 5,698 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 1.8% of BlueSky Wealth Advisors LLC’s holdings, making the stock its 16th largest position. BlueSky Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $11,821,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Diversify Advisory Services LLC grew its holdings in iShares TIPS Bond ETF by 23.9% during the 4th quarter. Diversify Advisory Services LLC now owns 5,869 shares of the exchange traded fund’s stock valued at $623,000 after buying an additional 1,131 shares in the last quarter. Diversify Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 31.0% during the 4th quarter. Diversify Wealth Management LLC now owns 7,181 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 1,700 shares in the last quarter. LVW Advisors LLC bought a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $1,438,000. J2 Capital Management Inc purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth about $3,853,000. Finally, Financial & Tax Architects LLC increased its stake in iShares TIPS Bond ETF by 3.3% during the fourth quarter. Financial & Tax Architects LLC now owns 62,916 shares of the exchange traded fund’s stock worth $6,704,000 after acquiring an additional 1,991 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $107.18 on Monday. The firm has a market capitalization of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The business has a 50 day simple moving average of $107.42 and a 200-day simple moving average of $108.30. 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).