Maia Wealth LLC Takes Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Maia Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,052 shares of the exchange traded fund’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of iShares TIPS Bond ETF during the first quarter worth approximately $201,931,000. Sumitomo Life Insurance Co. increased its holdings in shares of iShares TIPS Bond ETF by 102.5% during the 1st quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock worth $137,555,000 after purchasing an additional 648,150 shares during the period. Evoke Wealth LLC raised its position in shares of iShares TIPS Bond ETF by 181.8% during the fourth quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock valued at $133,947,000 after buying an additional 803,988 shares during the last quarter. Campbell Wealth Management lifted its stake in shares of iShares TIPS Bond ETF by 2.0% in the fourth quarter. Campbell Wealth Management now owns 506,023 shares of the exchange traded fund’s stock valued at $54,392,000 after buying an additional 9,857 shares during the period. Finally, Viewpoint Investment Partners Corp grew its position in iShares TIPS Bond ETF by 31.5% during the first quarter. Viewpoint Investment Partners Corp now owns 464,000 shares of the exchange traded fund’s stock worth $49,838,000 after buying an additional 111,200 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded up $0.14 during trading on Wednesday, hitting $108.86. 38,272 shares of the stock were exchanged, compared to its average volume of 1,973,205. The company’s fifty day simple moving average is $107.25 and its 200-day simple moving average is $106.74. The company has a market capitalization of $18.89 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $109.13.

iShares TIPS Bond ETF Company 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).