iShares TIPS Bond ETF $TIP Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 97.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,062 shares of the exchange traded fund’s stock after buying an additional 2,989 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $667,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in iShares TIPS Bond ETF in the 1st quarter valued at about $26,000. Golden State Wealth Management LLC lifted its stake in iShares TIPS Bond ETF by 295.0% in 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 in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in iShares TIPS Bond ETF in the 1st quarter valued at about $26,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares TIPS Bond ETF in the 2nd quarter valued at about $28,000. Finally, Rossby Financial LCC purchased a new position in iShares TIPS Bond ETF in the 1st quarter valued at about $30,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Trading Up 0.3%

Shares of iShares TIPS Bond ETF stock opened at $111.17 on Wednesday. The firm has a market capitalization of $14.01 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The firm’s 50-day moving average price is $110.91 and its 200 day moving average price is $109.83.

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).