Rhumbline Advisers Increases Holdings in iShares TIPS Bond ETF

Rhumbline Advisers has expanded its ownership in the iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.5% during the fourth quarter, based on its latest filing with the SEC. As a result, the fund now holds 288,596 shares of this exchange-traded fund, having acquired an additional 1,459 shares in the process. This brings Rhumbline Advisers' total investment in the iShares TIPS Bond ETF to approximately $30,750,000, representing about 0.17% of the ETF.

Other hedge funds have also made adjustments to their positions in the ETF recently. For instance, Eastern Bank established a new investment in the iShares TIPS Bond ETF during the third quarter, valued at around $37,000. Similarly, Strategic Investment Solutions Inc. from Illinois boosted its stake by 102.0% during the same quarter and now owns 404 shares worth $45,000 after adding 204 shares. Additionally, GPS Wealth Strategies Group LLC increased its share count by 26.0% in the fourth quarter, resulting in a total of 484 shares valued at $52,000. Eagle Bay Advisors LLC also acquired a new stake in this ETF, estimated at about $96,000 in value during the fourth quarter. Finally, Centaurus Financial Inc. bought a fresh position in the ETF worth $169,000 during the third quarter.

Current Market Performance of iShares TIPS Bond ETF

On Wednesday, the iShares TIPS Bond ETF was trading at $108.26, having experienced a decline of 0.3%. The ETF has recorded a yearly trading range, hitting a low of $104.67 and a high of $111.06. The 50-day moving average price of the ETF stands at $107.37, while the 200-day moving average price is $108.42. The market capitalization of the iShares TIPS Bond ETF is currently valued at $18.78 billion, featuring a price-to-earnings (PE) ratio of 11.86 and a low beta of 0.09, suggesting less volatility relative to the broader market.

About iShares TIPS Bond ETF

The iShares TIPS Bond ETF, previously known as the iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund designed primarily to mirror the price and yield performance of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L), before fees and expenses.

Further Information

For investors looking for insights on holdings in the iShares TIPS Bond ETF, they can visit external financial platforms to find the latest reports and insider trading information related to this ETF.

Rhumbline, ETF, Investment