Centered Wealth LLC dba Miller Equity Capital Advisors Boosts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Centered Wealth LLC dba Miller Equity Capital Advisors increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,875 shares of the exchange traded fund’s stock after purchasing an additional 1,325 shares during the period. Centered Wealth LLC dba Miller Equity Capital Advisors’ holdings in iShares TIPS Bond ETF were worth $954,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Fortis Group Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at approximately $27,000. Trifecta Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at approximately $27,000. Life Planning Partners Inc purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at approximately $30,000. Covestor Ltd purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at approximately $33,000. Finally, Sound Income Strategies LLC raised its stake in iShares TIPS Bond ETF by 108.7% during the 4th quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 188 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

TIP traded down $0.15 on Thursday, hitting $105.52. 2,417,554 shares of the company traded hands, compared to its average volume of 2,194,800. The company has a 50 day moving average of $106.54 and a 200-day moving average of $105.90. The stock has a market capitalization of $18.53 billion, a PE ratio of 11.92 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $110.88.

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).