ETFs

Rhumbline Advisers Increases Stake in iShares TIPS Bond ETF

Published February 19, 2025

On February 19, 2025, it was reported that Rhumbline Advisers raised its investment in the iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.5% during the fourth quarter. According to the latest filing with the SEC, the firm now owns a total of 288,596 shares of the ETF after purchasing an additional 1,459 shares during this period. The total value of Rhumbline Advisers' stake in the iShares TIPS Bond ETF is approximately $30,750,000.

Several other hedge funds have also adjusted their holdings in this ETF recently. For example, Eastern Bank acquired a new position in iShares TIPS Bond ETF during the third quarter, valued at about $37,000. Similarly, Strategic Investment Solutions Inc. IL increased its ownership by 102.0% in the same period, bringing its total to 404 shares worth $45,000 after adding 204 shares. Additionally, GPS Wealth Strategies Group LLC expanded its stake by 26.0% in the fourth quarter to a total of 484 shares valued at $52,000. Other notable transactions included Eagle Bay Advisors LLC acquiring a stake valued at $96,000 and Centaurus Financial Inc. purchasing a position worth $169,000 during the third quarter.

Market Performance of iShares TIPS Bond ETF

As of Wednesday, the iShares TIPS Bond ETF opened at $108.26. Within the past year, the ETF has reached a low of $104.67 and a high of $111.06. The fund has a 50-day moving average price of $107.37 and a 200-day moving average price of $108.42, showcasing its stability in the market. Currently, it has a market capitalization of $18.78 billion, a price-to-earnings (P/E) ratio of 11.86, and a beta of 0.09, indicating low volatility compared to the broader market.

Understanding 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 that aims to achieve results corresponding to the price and yield performance of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). This ETF is designed for investors seeking exposure to inflation-protected securities.

Further Information

Investors interested in exploring other hedge fund holdings and recent trades related to the iShares TIPS Bond ETF (NYSEARCA:TIP) can find detailed information through various financial resources.

Rhumbline, ETF, TIPS