GenTrust LLC Buys 4,689 Shares of iShares TIPS Bond ETF $TIP

GenTrust LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 224,423 shares of the exchange traded fund’s stock after buying an additional 4,689 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 1.1% of GenTrust LLC’s portfolio, making the stock its 22nd biggest position. GenTrust LLC’s holdings in iShares TIPS Bond ETF were worth $24,960,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Gould Asset Management LLC CA grew its stake in iShares TIPS Bond ETF by 1.1% in the third quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after acquiring an additional 90 shares during the period. Daymark Wealth Partners LLC grew its position in iShares TIPS Bond ETF by 1.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 92 shares during the period. Fiducient Advisors LLC grew its position in iShares TIPS Bond ETF by 0.7% in the 2nd quarter. Fiducient Advisors LLC now owns 13,725 shares of the exchange traded fund’s stock valued at $1,510,000 after purchasing an additional 92 shares during the period. Lyell Wealth Management LP increased its stake in iShares TIPS Bond ETF by 0.4% during the 2nd quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock valued at $2,675,000 after purchasing an additional 95 shares in the last quarter. Finally, WealthShield Partners LLC raised its holdings in iShares TIPS Bond ETF by 5.2% during the second quarter. WealthShield Partners LLC now owns 2,006 shares of the exchange traded fund’s stock worth $221,000 after buying an additional 99 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Up 0.1%

iShares TIPS Bond ETF stock opened at $111.39 on Friday. The firm’s fifty day moving average price is $110.27 and its two-hundred day moving average price is $110.78. The firm has a market capitalization of $13.96 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26.

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.