iShares TIPS Bond ETF $TIP Shares Purchased by Impact Partnership Wealth LLC

by · The Markets Daily

Impact Partnership Wealth LLC increased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 37.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,533 shares of the exchange traded fund’s stock after buying an additional 21,192 shares during the period. iShares TIPS Bond ETF comprises 1.1% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 19th largest holding. Impact Partnership Wealth LLC owned approximately 0.06% of iShares TIPS Bond ETF worth $8,557,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Coastal Bridge Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 0.3% during the fourth quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after acquiring an additional 90 shares during the period. Wernau Asset Management Inc. boosted its holdings in 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 purchasing an additional 91 shares during the period. Foster & Motley Inc. boosted its holdings in 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 purchasing an additional 92 shares during the period. Rock Point Advisors LLC grew its stake in iShares TIPS Bond ETF by 4.6% during the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 93 shares in the last quarter. Finally, Auour Investments LLC increased its holdings in iShares TIPS Bond ETF by 2.3% during the 1st quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after purchasing an additional 93 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $109.43 on Wednesday. The firm has a market capitalization of $14.48 billion, a P/E ratio of 12.40 and a beta of 0.26. The business’s 50-day moving average is $110.37 and its two-hundred day moving average is $110.54. iShares TIPS Bond ETF has a 1 year low of $108.88 and a 1 year high of $112.26.

iShares TIPS Bond ETF Company 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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