iShares TIPS Bond ETF (NYSEARCA:TIP) Position Increased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 103.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,684 shares of the exchange traded fund’s stock after acquiring an additional 4,422 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $925,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of TIP. Oppenheimer & Co. Inc. raised its holdings in shares of iShares TIPS Bond ETF by 20.9% during the third quarter. Oppenheimer & Co. Inc. now owns 16,120 shares of the exchange traded fund’s stock worth $1,781,000 after acquiring an additional 2,782 shares in the last quarter. Coastline Trust Co bought a new position in iShares TIPS Bond ETF during the third quarter valued at about $210,000. Natixis Advisors LLC raised its holdings in iShares TIPS Bond ETF by 0.6% during the third quarter. Natixis Advisors LLC now owns 81,096 shares of the exchange traded fund’s stock valued at $8,959,000 after buying an additional 508 shares in the last quarter. Chesapeake Capital Corp IL raised its holdings in iShares TIPS Bond ETF by 27.9% during the third quarter. Chesapeake Capital Corp IL now owns 16,902 shares of the exchange traded fund’s stock valued at $1,868,000 after buying an additional 3,688 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new position in iShares TIPS Bond ETF during the third quarter valued at about $921,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $109.42 on Monday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The stock’s 50-day moving average is $108.31 and its two-hundred day moving average is $108.52. The firm has a market cap of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28.

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).