Zinnia Wealth Advisory LLC bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,946 shares of the exchange traded fund’s stock, valued at approximately $654,000.
Several other institutional investors also recently bought and sold shares of TIP. Woodside Wealth Management LLC lifted its holdings in iShares TIPS Bond ETF by 167.8% in the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 151 shares during the period. Evolution Wealth Management Inc. purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at approximately $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at approximately $28,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $29,000. Finally, Smartleaf Asset Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $30,000. 63.62% of the stock is currently owned by hedge funds and other institutional investors.
iShares TIPS Bond ETF Stock Performance
Shares of NYSEARCA TIP opened at $109.61 on Monday. The company has a market capitalization of $14.50 billion, a PE ratio of 12.40 and a beta of 0.26. The company’s fifty day moving average price is $110.77 and its 200 day moving average price is $110.65. iShares TIPS Bond ETF has a 1 year low of $108.38 and a 1 year high of $112.26.
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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.
Featured Articles
- Five stocks we like better than iShares TIPS Bond ETF
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
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 – Free Report).
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
