TI Trust Inc. Has $2.34 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

TI Trust Inc. increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,985 shares of the exchange traded fund’s stock after purchasing an additional 147 shares during the period. iShares TIPS Bond ETF comprises about 1.6% of TI Trust Inc.’s investment portfolio, making the stock its 15th largest position. TI Trust Inc.’s holdings in iShares TIPS Bond ETF were worth $2,343,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TIP. William B. Walkup & Associates Inc. acquired a new position in shares of iShares TIPS Bond ETF in the 2nd quarter valued at $26,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL raised its stake in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC raised its stake in iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at $96,000.

iShares TIPS Bond ETF Stock Performance

TIP opened at $107.43 on Monday. The firm has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The firm’s 50-day simple moving average is $107.38 and its 200-day simple moving average is $108.31.

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).