Tcfg Wealth Management LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 12.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,641 shares of the exchange traded fund’s stock after selling 507 shares during the period. Tcfg Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in TIP. NBC Securities Inc. purchased a new stake in shares of iShares TIPS Bond ETF in the 1st quarter valued at about $26,000. Golden State Wealth Management LLC increased its position in iShares TIPS Bond ETF by 295.0% during the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 177 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $28,000. Finally, Rossby Financial LCC purchased a new position in shares of iShares TIPS Bond ETF during the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Price Performance
Shares of iShares TIPS Bond ETF stock opened at $110.86 on Tuesday. The firm’s fifty day simple moving average is $110.89 and its 200-day simple moving average is $109.82. iShares TIPS Bond ETF has a 12 month low of $106.04 and a 12 month high of $112.26. The stock has a market capitalization of $13.97 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19.
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).
Featured Articles
- Five stocks we like better than iShares TIPS Bond ETF
- Which Wall Street Analysts are the Most Accurate?
- Eli Lilly Stock Soars on Trump Tariff Hopes and Pfizer Deal
- The Role Economic Reports Play in a Successful Investment Strategy
- 3 Exceptional Stocks to Build Long-Term Wealth
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Insider Sales Jump at Broadcom and CoreWeave: Red Flag Ahead?
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.
