iShares TIPS Bond ETF $TIP Position Raised by Martin & Co. Inc. TN

Martin & Co. Inc. TN raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 595,627 shares of the exchange traded fund’s stock after purchasing an additional 5,470 shares during the period. iShares TIPS Bond ETF accounts for 12.1% of Martin & Co. Inc. TN’s portfolio, making the stock its largest position. Martin & Co. Inc. TN’s holdings in iShares TIPS Bond ETF were worth $65,543,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in TIP. Daymark Wealth Partners LLC increased its position in iShares TIPS Bond ETF by 1.3% during the 2nd quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock valued at $764,000 after buying an additional 92 shares in the last quarter. Fiducient Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 0.7% in the second quarter. Fiducient Advisors LLC now owns 13,725 shares of the exchange traded fund’s stock worth $1,510,000 after acquiring an additional 92 shares in the last quarter. Lyell Wealth Management LP grew its stake in shares of iShares TIPS Bond ETF by 0.4% in the second quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock worth $2,675,000 after acquiring an additional 95 shares during the last quarter. WealthShield Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 5.2% in the second quarter. WealthShield Partners LLC now owns 2,006 shares of the exchange traded fund’s stock worth $221,000 after acquiring an additional 99 shares during the last quarter. Finally, Northwest Wealth Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 1.1% during the second quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock valued at $1,029,000 after acquiring an additional 101 shares in the last quarter. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Price Performance

TIP opened at $111.26 on Friday. The firm has a market cap of $14.13 billion, a PE ratio of 12.40 and a beta of 0.26. The stock has a 50-day moving average price of $111.29 and a 200-day moving average price of $110.34. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $112.26.

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).