Dynasty Wealth Management LLC Increases Stock Holdings in iShares TIPS Bond ETF $TIP

Dynasty Wealth Management LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 464,304 shares of the exchange traded fund’s stock after acquiring an additional 24,199 shares during the period. Dynasty Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $51,032,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Park Avenue Securities LLC raised its holdings in shares of iShares TIPS Bond ETF by 339.0% during the 4th quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock valued at $3,042,000 after buying an additional 21,372 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter valued at about $834,000. Bank of America Corp DE grew its stake in iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock valued at $1,908,042,000 after purchasing an additional 4,189,926 shares in the last quarter. Keybank National Association OH grew its stake in iShares TIPS Bond ETF by 3.0% during the 4th quarter. Keybank National Association OH now owns 635,191 shares of the exchange traded fund’s stock valued at $69,814,000 after purchasing an additional 18,437 shares in the last quarter. Finally, Envision Financial LLC grew its stake in iShares TIPS Bond ETF by 200.0% during the 4th quarter. Envision Financial LLC now owns 9,000 shares of the exchange traded fund’s stock valued at $989,000 after purchasing an additional 6,000 shares in the last quarter. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Down 0.0%

Shares of NYSEARCA TIP opened at $109.97 on Wednesday. iShares TIPS Bond ETF has a fifty-two week low of $108.07 and a fifty-two week high of $112.26. The business has a 50 day moving average price of $110.88 and a two-hundred day moving average price of $110.74. The firm has a market cap of $14.55 billion, a PE ratio of 12.40 and a beta of 0.27.

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). 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.