Quotient Wealth Partners LLC Has $52.29 Million Position in iShares TIPS Bond ETF $TIP

Quotient Wealth Partners LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 473,810 shares of the exchange traded fund’s stock after acquiring an additional 19,162 shares during the period. iShares TIPS Bond ETF accounts for 1.4% of Quotient Wealth Partners LLC’s holdings, making the stock its 19th biggest position. Quotient Wealth Partners LLC owned about 0.37% of iShares TIPS Bond ETF worth $52,290,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. BlueSky Wealth Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF by 0.7% during the 1st quarter. BlueSky Wealth Advisors LLC now owns 104,360 shares of the exchange traded fund’s stock worth $11,517,000 after buying an additional 772 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in shares of iShares TIPS Bond ETF by 5.5% during the first quarter. Founders Financial Securities LLC now owns 11,591 shares of the exchange traded fund’s stock worth $1,286,000 after buying an additional 607 shares in the last quarter. WESPAC Advisors SoCal LLC acquired a new stake in shares of iShares TIPS Bond ETF during the first quarter worth $2,213,000. Rockefeller Capital Management L.P. boosted its position in shares of iShares TIPS Bond ETF by 11.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 277,486 shares of the exchange traded fund’s stock valued at $30,499,000 after acquiring an additional 27,942 shares during the period. Finally, World Investment Advisors boosted its position in shares of iShares TIPS Bond ETF by 50.5% in the fourth quarter. World Investment Advisors now owns 3,498 shares of the exchange traded fund’s stock valued at $384,000 after acquiring an additional 1,173 shares during the period. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

TIP stock opened at $109.39 on Friday. iShares TIPS Bond ETF has a 52 week low of $108.93 and a 52 week high of $112.26. The company has a market capitalization of $14.47 billion, a PE ratio of 12.40 and a beta of 0.26. The company’s 50-day simple moving average is $110.63 and its 200 day simple moving average is $110.59.

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). 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.