Napatree Capital LLC Has $411,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Napatree Capital LLC raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,860 shares of the exchange traded fund’s stock after purchasing an additional 324 shares during the period. Napatree Capital LLC’s holdings in iShares TIPS Bond ETF were worth $411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TIP. Thompson Siegel & Walmsley LLC acquired a new position in iShares TIPS Bond ETF in the 3rd quarter valued at $338,000. Citigroup Inc. grew its holdings in iShares TIPS Bond ETF by 17.9% in the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after buying an additional 21,755 shares in the last quarter. Nwam LLC acquired a new position in iShares TIPS Bond ETF in the 3rd quarter valued at $1,577,000. Mason Investment Advisory Services Inc. grew its holdings in iShares TIPS Bond ETF by 9.9% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 3,086 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 278 shares in the last quarter. Finally, GenTrust LLC grew its holdings in iShares TIPS Bond ETF by 0.9% in the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after buying an additional 1,804 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

TIP opened at $110.10 on Friday. The firm has a market cap of $14.34 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The business’s fifty day moving average is $108.66 and its 200-day moving average is $108.56.

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).