NFP Retirement Inc. Buys 25,057 Shares of iShares TIPS Bond ETF $TIP

NFP Retirement Inc. raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 205.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,257 shares of the exchange traded fund’s stock after buying an additional 25,057 shares during the period. NFP Retirement Inc.’s holdings in iShares TIPS Bond ETF were worth $4,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in TIP. Daymark Wealth Partners LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.3% in the second quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 92 shares during the period. Lyell Wealth Management LP increased its holdings in iShares TIPS Bond ETF by 0.4% during the 2nd quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock worth $2,675,000 after purchasing an additional 95 shares during the period. WealthShield Partners LLC raised its position in iShares TIPS Bond ETF by 5.2% during the 2nd quarter. WealthShield Partners LLC now owns 2,006 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 99 shares in the last quarter. Northwest Wealth Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock worth $1,029,000 after buying an additional 101 shares during the period. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of iShares TIPS Bond ETF by 25.7% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 509 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 104 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of iShares TIPS Bond ETF stock opened at $110.71 on Thursday. The stock’s fifty day moving average price is $111.36 and its 200-day moving average price is $110.22. The firm has a market cap of $14.06 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12 month low of $106.04 and a 12 month high of $112.26.

iShares TIPS Bond ETF 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).