iShares TIPS Bond ETF $TIP Shares Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC grew its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 37.6% during the first quarter, Holdings Channel.com reports. The firm owned 77,533 shares of the exchange traded fund’s stock after acquiring an additional 21,192 shares during the period. iShares TIPS Bond ETF accounts for approximately 1.1% of Impact Partnership Wealth LLC’s holdings, making the stock its 19th largest position. Impact Partnership Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $8,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of TIP. SMART Wealth LLC purchased a new position in iShares TIPS Bond ETF in the first quarter valued at $1,052,000. Flagstar Advisors Inc. lifted its holdings in iShares TIPS Bond ETF by 44.1% during the 1st quarter. Flagstar Advisors Inc. now owns 5,232 shares of the exchange traded fund’s stock worth $577,000 after buying an additional 1,601 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in iShares TIPS Bond ETF by 15.2% during the 1st quarter. North Star Investment Management Corp. now owns 3,749 shares of the exchange traded fund’s stock worth $414,000 after buying an additional 495 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of iShares TIPS Bond ETF by 100.9% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 6,996 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 3,513 shares in the last quarter. Finally, Wernau Asset Management Inc. boosted its position in shares of iShares TIPS Bond ETF by 4.6% during the 1st quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock worth $228,000 after acquiring an additional 91 shares in the last quarter. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

TIP opened at $109.43 on Wednesday. iShares TIPS Bond ETF has a one year low of $108.88 and a one year high of $112.26. The company has a market cap of $14.48 billion, a P/E ratio of 12.40 and a beta of 0.26. The business’s 50-day simple moving average is $110.37 and its 200-day simple moving average is $110.54.

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.