Inscription Capital LLC Takes $785,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Inscription Capital LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 7,312 shares of the exchange traded fund’s stock, valued at approximately $785,000.

Several other hedge funds have also added to or reduced their stakes in TIP. Brighton Jones LLC boosted its position in iShares TIPS Bond ETF by 8.0% during the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after acquiring an additional 1,102 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of iShares TIPS Bond ETF by 0.5% in the 4th quarter. Rhumbline Advisers now owns 288,596 shares of the exchange traded fund’s stock valued at $30,750,000 after purchasing an additional 1,459 shares during the period. Citizens & Northern Corp lifted its stake in shares of iShares TIPS Bond ETF by 42.9% in the 4th quarter. Citizens & Northern Corp now owns 5,063 shares of the exchange traded fund’s stock valued at $539,000 after purchasing an additional 1,519 shares during the period. D.A. Davidson & CO. boosted its position in shares of iShares TIPS Bond ETF by 3.4% during the fourth quarter. D.A. Davidson & CO. now owns 86,956 shares of the exchange traded fund’s stock valued at $9,265,000 after purchasing an additional 2,843 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in iShares TIPS Bond ETF by 29.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 82,827 shares of the exchange traded fund’s stock worth $8,825,000 after purchasing an additional 18,906 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $109.02 on Wednesday. iShares TIPS Bond ETF has a 1 year low of $105.85 and a 1 year high of $111.51. The firm has a market cap of $13.88 billion, a price-to-earnings ratio of 12.40 and a beta of 0.28. The company has a 50-day moving average of $108.85 and a 200 day moving average of $108.57.

iShares TIPS Bond ETF Company 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).