iShares TIPS Bond ETF $TIP Shares Acquired by Perissos Private Wealth Management LLC

Perissos Private Wealth Management LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,941 shares of the exchange traded fund’s stock after buying an additional 1,086 shares during the quarter. iShares TIPS Bond ETF makes up approximately 1.4% of Perissos Private Wealth Management LLC’s portfolio, making the stock its 25th biggest position. Perissos Private Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $1,754,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC lifted its stake in iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after purchasing an additional 1,102 shares during the last quarter. Golden State Wealth Management LLC increased its position in iShares TIPS Bond ETF by 903.3% during the first quarter. Golden State Wealth Management LLC now owns 602 shares of the exchange traded fund’s stock worth $67,000 after buying an additional 542 shares during the period. CWC Advisors LLC. increased its position in iShares TIPS Bond ETF by 1.4% during the first quarter. CWC Advisors LLC. now owns 8,962 shares of the exchange traded fund’s stock worth $996,000 after buying an additional 123 shares during the period. Sterling Investment Advisors LLC ADV increased its position in iShares TIPS Bond ETF by 4.3% during the first quarter. Sterling Investment Advisors LLC ADV now owns 50,536 shares of the exchange traded fund’s stock worth $5,614,000 after buying an additional 2,105 shares during the period. Finally, Shilanski & Associates Inc. increased its holdings in shares of iShares TIPS Bond ETF by 3.2% in the first quarter. Shilanski & Associates Inc. now owns 87,253 shares of the exchange traded fund’s stock valued at $9,693,000 after purchasing an additional 2,686 shares during the period. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.0%

NYSEARCA:TIP opened at $111.97 on Friday. The firm has a market cap of $14.04 billion, a P/E ratio of 12.40 and a beta of 0.19. The stock’s 50 day simple moving average is $111.30 and its 200-day simple moving average is $109.98. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26.

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).