Element Pointe Advisors LLC Purchases Shares of 11,141 iShares TIPS Bond ETF (TIP)

Element Pointe Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, HoldingsChannel reports. The fund purchased 11,141 shares of the exchange traded fund’s stock, valued at approximately $1,220,000. iShares TIPS Bond ETF makes up about 0.8% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Central Bank & Trust Co. purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at $33,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares TIPS Bond ETF by 78.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 187 shares during the last quarter. Capital Investment Advisory Services LLC purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $100,000. Destination Wealth Management lifted its position in shares of iShares TIPS Bond ETF by 147.4% during the 3rd quarter. Destination Wealth Management now owns 918 shares of the exchange traded fund’s stock valued at $102,000 after buying an additional 547 shares during the last quarter. Finally, Amussen Hunsaker Associates LLC purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at $105,000.

Shares of NYSEARCA TIP opened at $110.53 on Thursday. iShares TIPS Bond ETF has a one year low of $107.53 and a one year high of $113.22.

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iShares TIPS Bond ETF 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).

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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP).

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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