Dynasty Wealth Management LLC Grows Position in iShares TIPS Bond ETF $TIP

by · The Markets Daily

Dynasty Wealth Management LLC raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 464,304 shares of the exchange traded fund’s stock after purchasing an additional 24,199 shares during the quarter. Dynasty Wealth Management LLC owned 0.37% of iShares TIPS Bond ETF worth $51,032,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Park Avenue Securities LLC raised its holdings in shares of iShares TIPS Bond ETF by 339.0% in the 4th quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock worth $3,042,000 after purchasing an additional 21,372 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $834,000. Bank of America Corp DE raised its holdings in shares of iShares TIPS Bond ETF by 32.3% in the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after purchasing an additional 4,189,926 shares during the period. Keybank National Association OH raised its holdings in shares of iShares TIPS Bond ETF by 3.0% in the 4th quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock worth $69,814,000 after purchasing an additional 18,437 shares during the period. Finally, Envision Financial LLC raised its holdings in shares of iShares TIPS Bond ETF by 200.0% in the 4th quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock worth $989,000 after purchasing an additional 6,000 shares during the period. 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 $109.97 on Wednesday. The company has a market cap of $14.55 billion, a P/E ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a one year low of $108.07 and a one year high of $112.26. The business’s 50-day simple moving average is $110.88 and its 200 day simple moving average is $110.74.

iShares TIPS Bond ETF Profile

(Free Report)

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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