Rhumbline Advisers Increases Holdings in iShares TIPS Bond ETF
On February 19, 2025, Rhumbline Advisers reported a slight increase in its investment in the iShares TIPS Bond ETF (NYSEARCA:TIP). According to the latest filing with the SEC, the firm acquired an additional 1,459 shares during the fourth quarter, bringing its total holdings to 288,596 shares. This positions Rhumbline Advisers' stake at approximately 0.17% of the ETF, with a total value of around $30,750,000 as per its most recent disclosure.
Several other investment firms have also adjusted their positions in the iShares TIPS Bond ETF. For example, during the third quarter, Eastern Bank entered into a new investment in the ETF valued at around $37,000. Strategic Investment Solutions Inc. (IL) significantly increased its holdings by 102.0% during the same period, acquiring 204 additional shares to reach a total of 404 shares worth about $45,000. Furthermore, GPS Wealth Strategies Group LLC increased its stake by 26.0% in the fourth quarter, now holding 484 shares valued at $52,000.
As for new investors, Eagle Bay Advisors LLC established a position in the ETF during the fourth quarter valued at $96,000, while Centaurus Financial Inc. initiated a new stake in the third quarter amounting to $169,000.
Current Performance of iShares TIPS Bond ETF
As of the latest trading sessions, the iShares TIPS Bond ETF traded down by 0.3%. The stock opened at $108.26, maintaining a trading range between a 1-year low of $104.67 and a high of $111.06. The ETF’s moving averages indicate a 50-day average price of $107.37 and a 200-day average price of $108.42. This exchange-traded fund has a notable market capitalization of $18.78 billion and a PE ratio of 11.86, with a beta of 0.09.
About iShares TIPS Bond ETF
The iShares TIPS Bond ETF, formerly known as iShares Barclays Treasury Inflation Protected Securities Bond Fund, aims to replicate the performance of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). The investment strategy is focused on providing results that align with the price and yield performance of the underlying index, prior to fees and expenses.
Rhumbline, Investment, ETF