Guardian Partners Inc. Increases Holdings in iShares TIPS Bond ETF $TIP

Guardian Partners Inc. raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,695 shares of the exchange traded fund’s stock after buying an additional 12,542 shares during the quarter. Guardian Partners Inc.’s holdings in iShares TIPS Bond ETF were worth $9,248,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of iShares TIPS Bond ETF in the first quarter valued at about $26,000. Golden State Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 295.0% during the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 177 shares during the period. NBC Securities Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the 1st quarter valued at approximately $26,000. Copia Wealth Management purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth approximately $26,000. Finally, Godsey & Gibb Inc. acquired a new stake in iShares TIPS Bond ETF during the first quarter worth $29,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.4%

NYSEARCA:TIP opened at $111.46 on Monday. iShares TIPS Bond ETF has a 52 week low of $106.04 and a 52 week high of $111.50. The stock’s fifty day moving average is $110.11 and its two-hundred day moving average is $109.57. The company has a market capitalization of $13.89 billion, a P/E ratio of 12.40 and a beta of 0.19.

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).