Gould Asset Management LLC CA Increases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Gould Asset Management LLC CA lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,162 shares of the exchange traded fund’s stock after acquiring an additional 231 shares during the period. Gould Asset Management LLC CA’s holdings in iShares TIPS Bond ETF were worth $662,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in shares of iShares TIPS Bond ETF by 179.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,036,259 shares of the exchange traded fund’s stock worth $522,361,000 after buying an additional 3,232,628 shares during the last quarter. Rock Creek Group LP raised its stake in shares of iShares TIPS Bond ETF by 1,992.9% during the 3rd quarter. Rock Creek Group LP now owns 2,756,361 shares of the exchange traded fund’s stock worth $285,890,000 after buying an additional 2,624,661 shares during the last quarter. Assetmark Inc. raised its stake in iShares TIPS Bond ETF by 1,511.5% in the 3rd quarter. Assetmark Inc. now owns 2,121,402 shares of the exchange traded fund’s stock valued at $220,032,000 after purchasing an additional 1,989,759 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in iShares TIPS Bond ETF by 1,655.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,007,239 shares of the exchange traded fund’s stock valued at $104,471,000 after purchasing an additional 949,872 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in iShares TIPS Bond ETF by 17.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,577,654 shares of the exchange traded fund’s stock valued at $578,524,000 after purchasing an additional 835,933 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

TIP stock traded down $0.15 during trading on Thursday, hitting $105.52. The stock had a trading volume of 2,417,554 shares, compared to its average volume of 2,194,800. The company’s 50 day moving average price is $106.54 and its two-hundred day moving average price is $105.90. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.88. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09.

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).