Aviance Capital Partners LLC Increases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Aviance Capital Partners LLC grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,073 shares of the exchange traded fund’s stock after purchasing an additional 185 shares during the period. Aviance Capital Partners LLC’s holdings in iShares TIPS Bond ETF were worth $975,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Baldwin Brothers LLC MA raised its position in iShares TIPS Bond ETF by 19.0% in the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock valued at $34,443,000 after purchasing an additional 51,104 shares in the last quarter. Ieq Capital LLC lifted its stake in iShares TIPS Bond ETF by 3.9% in the fourth quarter. Ieq Capital LLC now owns 4,611 shares of the exchange traded fund’s stock worth $496,000 after acquiring an additional 174 shares during the last quarter. Summit Financial Strategies Inc. grew its holdings in iShares TIPS Bond ETF by 35.3% during the 4th quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 797 shares in the last quarter. Berger Financial Group Inc increased its position in shares of iShares TIPS Bond ETF by 11.2% in the 4th quarter. Berger Financial Group Inc now owns 2,636 shares of the exchange traded fund’s stock valued at $283,000 after purchasing an additional 265 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of iShares TIPS Bond ETF by 86.1% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 2,014 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.4 %

Shares of TIP stock opened at $105.92 on Tuesday. The company has a market cap of $18.38 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a fifty day moving average price of $106.38 and a 200 day moving average price of $106.69. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $108.54.

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).