9,616 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,616 shares of the exchange traded fund’s stock, valued at approximately $1,034,000.

A number of other hedge funds have also recently bought and sold shares of TIP. Roundview Capital LLC boosted its holdings in iShares TIPS Bond ETF by 2.2% in the 1st quarter. Roundview Capital LLC now owns 17,627 shares of the exchange traded fund’s stock valued at $2,196,000 after purchasing an additional 379 shares during the period. Synovus Financial Corp raised its stake in shares of iShares TIPS Bond ETF by 20.0% in the 1st quarter. Synovus Financial Corp now owns 10,650 shares of the exchange traded fund’s stock valued at $1,325,000 after buying an additional 1,778 shares in the last quarter. Prudential PLC acquired a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at $1,619,000. Mather Group LLC. acquired a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at $236,000. Finally, Laurel Wealth Advisors Inc. raised its stake in shares of iShares TIPS Bond ETF by 30.6% in the 1st quarter. Laurel Wealth Advisors Inc. now owns 20,907 shares of the exchange traded fund’s stock valued at $2,604,000 after buying an additional 4,893 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock traded down $0.34 during mid-day trading on Tuesday, reaching $105.44. The company’s stock had a trading volume of 4,094,593 shares, compared to its average volume of 2,217,089. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.88. The company has a market cap of $18.51 billion, a P/E ratio of 11.92 and a beta of 0.09. The firm’s 50-day moving average is $106.64 and its two-hundred day moving average is $105.78.

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).