Pacific Capital Wealth Advisors Inc. Invests $33,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Pacific Capital Wealth Advisors Inc. bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 302 shares of the exchange traded fund’s stock, valued at approximately $33,000.

A number of other large investors also recently added to or reduced their stakes in TIP. Baystate Wealth Management LLC increased its stake in shares of iShares TIPS Bond ETF by 1,375.6% in the third quarter. Baystate Wealth Management LLC now owns 605 shares of the exchange traded fund’s stock worth $63,000 after buying an additional 564 shares during the period. Park Avenue Securities LLC increased its position in shares of iShares TIPS Bond ETF by 1,949.5% in the third quarter. Park Avenue Securities LLC now owns 249,523 shares of the exchange traded fund’s stock valued at $25,881,000 after acquiring an additional 237,348 shares during the period. Altfest L J & Co. Inc. bought a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $3,702,000. Hoxton Planning & Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 51.3% during the third quarter. Hoxton Planning & Management LLC now owns 12,882 shares of the exchange traded fund’s stock worth $1,336,000 after purchasing an additional 4,370 shares during the period. Finally, Walker Asset Management LLC grew its stake in shares of iShares TIPS Bond ETF by 2.7% in the third quarter. Walker Asset Management LLC now owns 4,873 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 129 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP traded down $0.02 during mid-day trading on Tuesday, reaching $105.96. 2,088,690 shares of the company’s stock traded hands, compared to its average volume of 2,185,500. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $109.99. The company has a 50 day moving average price of $106.47 and a 200-day moving average price of $106.09. The firm has a market capitalization of $18.38 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).