VCI Wealth Management LLC Takes $330,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

VCI Wealth Management LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,066 shares of the exchange traded fund’s stock, valued at approximately $330,000.

A number of other institutional investors have also modified their holdings of TIP. Fortis Group Advisors LLC acquired a new position in iShares TIPS Bond ETF during the 3rd quarter worth $27,000. Trifecta Capital Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $27,000. Life Planning Partners Inc acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $30,000. Covestor Ltd acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth about $33,000. Finally, Sound Income Strategies LLC boosted its position in shares of 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 worth $39,000 after acquiring an additional 188 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded down $0.15 on Thursday, hitting $105.52. 2,417,554 shares of the company’s stock were exchanged, compared to its average volume of 2,194,800. The firm’s 50-day moving average is $106.55 and its 200 day moving average is $105.90. The company 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 1-year low of $101.74 and a 1-year high of $110.88.

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).