Ethos Financial Group LLC Buys 31,820 Shares of iShares TIPS Bond ETF $TIP

Ethos Financial Group LLC boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 208,642 shares of the exchange traded fund’s stock after acquiring an additional 31,820 shares during the quarter. iShares TIPS Bond ETF makes up 1.7% of Ethos Financial Group LLC’s investment portfolio, making the stock its 10th biggest position. Ethos Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $22,932,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares TIPS Bond ETF during the third quarter worth about $834,000. Park Avenue Securities LLC grew its holdings in shares of iShares TIPS Bond ETF by 339.0% in the fourth quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock valued at $3,042,000 after purchasing an additional 21,372 shares in the last quarter. Bank of America Corp DE increased its stake in iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after buying an additional 4,189,926 shares during the period. Fermata Advisors LLC lifted its holdings in iShares TIPS Bond ETF by 16.0% during the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock worth $5,240,000 after buying an additional 6,514 shares in the last quarter. Finally, Carr Financial Group Corp acquired a new stake in iShares TIPS Bond ETF during the 3rd quarter worth approximately $621,000. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $110.81 on Friday. The firm has a 50 day moving average of $110.86 and a two-hundred day moving average of $110.84. The stock has a market capitalization of $13.96 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52 week low of $106.47 and a 52 week high of $112.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.