FineMark National Bank & Trust Buys 11,686 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

FineMark National Bank & Trust grew its position in iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 139.8% in the fourth quarter, Holdings Channel reports. The fund owned 20,045 shares of the exchange traded fund’s stock after acquiring an additional 11,686 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares TIPS Bond ETF were worth $2,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TIP. JFS Wealth Advisors LLC grew its holdings in iShares TIPS Bond ETF by 2.7% during the 4th quarter. JFS Wealth Advisors LLC now owns 3,171 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 84 shares during the period. Headinvest LLC grew its stake in iShares TIPS Bond ETF by 1.8% in the 4th quarter. Headinvest LLC now owns 5,215 shares of the exchange traded fund’s stock valued at $674,000 after buying an additional 94 shares in the last quarter. Meridian Wealth Advisors LLC grew its position in shares of iShares TIPS Bond ETF by 1.0% during the 3rd quarter. Meridian Wealth Advisors LLC now owns 10,774 shares of the exchange traded fund’s stock valued at $1,376,000 after purchasing an additional 105 shares in the last quarter. Wolff Wiese Magana LLC lifted its holdings in shares of iShares TIPS Bond ETF by 65.8% during the 4th quarter. Wolff Wiese Magana LLC now owns 267 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 106 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 4.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 2,315 shares of the exchange traded fund’s stock worth $296,000 after acquiring an additional 108 shares during the last quarter.

Shares of TIP stock traded down $0.04 during mid-day trading on Monday, reaching $118.56. The stock had a trading volume of 52,364 shares, compared to its average volume of 6,413,837. The stock’s 50-day moving average price is $121.78 and its two-hundred day moving average price is $125.39. iShares TIPS Bond ETF has a 52-week low of $117.02 and a 52-week high of $131.37.

iShares TIPS Bond ETF Company Profile (Get Rating)

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).

Featured Articles

Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.