Money Concepts Capital Corp increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 39.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,109 shares of the exchange traded fund’s stock after purchasing an additional 5,445 shares during the period. Money Concepts Capital Corp’s holdings in iShares TIPS Bond ETF were worth $2,109,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Coastal Bridge Advisors LLC increased its stake in iShares TIPS Bond ETF by 0.3% in the 4th quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after buying an additional 90 shares in the last quarter. Wernau Asset Management Inc. lifted its position in shares of iShares TIPS Bond ETF by 4.6% in the first quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock valued at $228,000 after acquiring an additional 91 shares in the last quarter. Foster & Motley Inc. lifted its position in shares of iShares TIPS Bond ETF by 0.3% in the first quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock valued at $3,646,000 after acquiring an additional 92 shares in the last quarter. Rock Point Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF by 4.6% in the fourth quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after acquiring an additional 93 shares during the period. Finally, Auour Investments LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.3% in the first quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after acquiring an additional 93 shares during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Price Performance
Shares of NYSEARCA:TIP traded up $0.01 during trading on Friday, hitting $108.13. 1,162,038 shares of the company’s stock were exchanged, compared to its average volume of 2,395,411. iShares TIPS Bond ETF has a 52-week low of $107.98 and a 52-week high of $112.26. The business’s 50-day simple moving average is $109.84 and its 200 day simple moving average is $110.42. The company has a market cap of $14.51 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.
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). 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.
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