iShares TIPS Bond ETF $TIP is Arbor Investment Advisors LLC’s 8th Largest Position

Arbor Investment Advisors LLC grew its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 333,103 shares of the exchange traded fund’s stock after buying an additional 7,133 shares during the quarter. iShares TIPS Bond ETF accounts for 4.8% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Arbor Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $36,761,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. TD Capital Management LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at approximately $25,000. Woodside Wealth Management LLC raised its stake in shares of iShares TIPS Bond ETF by 167.8% during the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 151 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $28,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $108.33 on Monday. The business’s fifty day moving average price is $110.19 and its 200 day moving average price is $110.50. The firm has a market capitalization of $14.54 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $108.16 and a 1-year 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.