Eagle Bay Advisors LLC Acquires Shares of 900 iShares TIPS Bond ETF (NYSEARCA:TIP)

Eagle Bay Advisors LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 900 shares of the exchange traded fund’s stock, valued at approximately $96,000.

Other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its position in shares of iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF in the third quarter worth about $102,200,000. International Assets Investment Management LLC boosted its position in iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after acquiring an additional 398,292 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $24,990,000. Finally, Invst LLC raised its position in shares of iShares TIPS Bond ETF by 2,678.4% in the 2nd quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock worth $21,789,000 after acquiring an additional 198,312 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

TIP opened at $106.22 on Tuesday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The stock has a market cap of $18.43 billion, a PE ratio of 11.86 and a beta of 0.09. The business has a 50 day moving average of $107.52 and a 200-day moving average of $108.29.

iShares TIPS Bond ETF Profile

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).