Tidal Investments LLC grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 106.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,400 shares of the exchange traded fund’s stock after purchasing an additional 45,062 shares during the quarter. Tidal Investments LLC owned approximately 0.06% of iShares TIPS Bond ETF worth $9,462,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of TIP. TD Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC acquired a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth $40,000. Finally, Golden State Wealth Management LLC increased its position in iShares TIPS Bond ETF by 52.9% during the fourth quarter. Golden State Wealth Management LLC now owns 396 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 137 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.
iShares TIPS Bond ETF Stock Down 0.5%
NYSEARCA TIP opened at $105.84 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $105.82 and a fifty-two week high of $112.26. The business has a fifty day moving average of $107.36 and a 200-day moving average of $109.44. The stock has a market cap of $14.32 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.
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). 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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