Centered Wealth LLC dba Miller Equity Capital Advisors Purchases 610 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Centered Wealth LLC dba Miller Equity Capital Advisors increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,350 shares of the exchange traded fund’s stock after purchasing an additional 610 shares during the period. Centered Wealth LLC dba Miller Equity Capital Advisors’ holdings in iShares TIPS Bond ETF were worth $1,849,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TIP. Kohmann Bosshard Financial Services LLC bought a new stake in iShares TIPS Bond ETF in the fourth quarter worth $26,000. Mainstream Capital Management LLC bought a new position in iShares TIPS Bond ETF in the fourth quarter worth approximately $30,000. Kestra Investment Management LLC bought a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $45,000. GPS Wealth Strategies Group LLC increased its position in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares during the period. Finally, Centricity Wealth Management LLC bought a new position in iShares TIPS Bond ETF in the fourth quarter worth approximately $82,000.

iShares TIPS Bond ETF Trading Down 0.4 %

TIP opened at $110.25 on Wednesday. The firm has a market cap of $14.11 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. The stock has a fifty day moving average price of $107.83 and a 200-day moving average price of $108.49. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06.

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).