Twin Focus Capital Partners LLC Purchases 6,057 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Twin Focus Capital Partners LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 109,986 shares of the exchange traded fund’s stock after acquiring an additional 6,057 shares during the period. iShares TIPS Bond ETF accounts for 1.7% of Twin Focus Capital Partners LLC’s holdings, making the stock its 15th largest holding. Twin Focus Capital Partners LLC’s holdings in iShares TIPS Bond ETF were worth $11,719,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the last quarter. Sterling Financial Planning Inc. grew its position in shares of iShares TIPS Bond ETF by 70.6% in the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after buying an additional 10,345 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of iShares TIPS Bond ETF by 167.4% during the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after buying an additional 3,183 shares during the period. M&T Bank Corp raised its holdings in shares of iShares TIPS Bond ETF by 7.1% during the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after acquiring an additional 2,993 shares in the last quarter. Finally, SigFig Wealth Management LLC lifted its stake in iShares TIPS Bond ETF by 5.5% in the fourth quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after acquiring an additional 1,491 shares during the period.

iShares TIPS Bond ETF Trading Down 0.0 %

Shares of iShares TIPS Bond ETF stock opened at $108.48 on Wednesday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.51. The company has a market cap of $14.22 billion, a P/E ratio of 12.43 and a beta of 0.29. The company’s fifty day simple moving average is $109.43 and its two-hundred day simple moving average is $108.48.

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).