iShares TIPS Bond ETF (TIP) Position Lifted by Westside Investment Management Inc.

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Westside Investment Management Inc. increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 47.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,867 shares of the exchange traded fund’s stock after acquiring an additional 7,373 shares during the quarter. iShares TIPS Bond ETF comprises 0.9% of Westside Investment Management Inc.’s holdings, making the stock its 12th largest position. Westside Investment Management Inc.’s holdings in iShares TIPS Bond ETF were worth $2,504,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Central Bank & Trust Co. acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000. Patriot Financial Group Insurance Agency LLC raised its position in 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 worth $47,000 after buying an additional 187 shares during the last quarter. Capital Investment Advisory Services LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $100,000. Destination Wealth Management raised its position in 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 worth $102,000 after buying an additional 547 shares during the last quarter. Finally, Amussen Hunsaker Associates LLC purchased a new position in iShares TIPS Bond ETF during the 3rd quarter worth approximately $105,000.

Shares of NYSEARCA:TIP traded down $0.18 during trading on Monday, hitting $110.58. 7,340 shares of the stock traded hands, compared to its average volume of 1,316,145. iShares TIPS Bond ETF has a 52-week low of $107.53 and a 52-week high of $113.22.

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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).

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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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