Sanctuary Advisors LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 10.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,365 shares of the exchange traded fund’s stock after acquiring an additional 8,941 shares during the period. Sanctuary Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $10,083,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of TIP. TD Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth about $25,000. Woodside Wealth Management LLC boosted its position in shares of iShares TIPS Bond ETF by 167.8% in the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 151 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $28,000. Finally, Holos Integrated Wealth LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 63.62% of the company’s stock.
iShares TIPS Bond ETF Stock Up 0.3%
TIP opened at $108.27 on Friday. iShares TIPS Bond ETF has a 52 week low of $107.82 and a 52 week high of $112.26. The business’s 50 day moving average is $109.52 and its two-hundred day moving average is $110.36. The firm has a market cap of $14.55 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.
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.
Recommended Stories
- Five stocks we like better than iShares TIPS Bond ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report).
Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
