Fund Evaluation Group LLC Makes New $596,000 Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fund Evaluation Group LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,593 shares of the exchange traded fund’s stock, valued at approximately $596,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares during the last quarter. Sterling Financial Planning Inc. increased its stake in iShares TIPS Bond ETF by 70.6% in the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock valued at $2,664,000 after buying an additional 10,345 shares during the period. Merit Financial Group LLC raised its holdings in iShares TIPS Bond ETF by 167.4% during the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,183 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of iShares TIPS Bond ETF by 7.1% in the 4th quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after buying an additional 2,993 shares during the period. Finally, SigFig Wealth Management LLC boosted its holdings in iShares TIPS Bond ETF by 5.5% during the fourth quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after buying an additional 1,491 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.5 %

Shares of TIP opened at $110.65 on Friday. The company has a 50-day moving average of $108.99 and a two-hundred day moving average of $108.57. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The stock has a market cap of $14.41 billion, a P/E ratio of 12.32 and a beta of 0.28.

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).