Invictus Private Wealth LLC Has $1.83 Million Position in iShares TIPS Bond ETF $TIP

Invictus Private Wealth LLC increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 16,600 shares of the exchange traded fund’s stock after acquiring an additional 5,102 shares during the period. Invictus Private Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $1,827,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in iShares TIPS Bond ETF in the first quarter worth approximately $26,000. Golden State Wealth Management LLC boosted its position in iShares TIPS Bond ETF by 295.0% during the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 177 shares during the period. NBC Securities Inc. bought a new stake in iShares TIPS Bond ETF during the first quarter worth approximately $26,000. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $28,000. Finally, Avalon Trust Co bought a new stake in iShares TIPS Bond ETF during the first quarter worth approximately $31,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.4%

Shares of iShares TIPS Bond ETF stock opened at $111.51 on Friday. The stock has a market capitalization of $14.15 billion, a P/E ratio of 12.40 and a beta of 0.19. The stock has a 50 day moving average price of $110.99 and a two-hundred day moving average price of $109.86. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26.

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).