Rock Creek Group LP Has $32.92 Million Stock Holdings in iShares TIPS Bond ETF $TIP

Rock Creek Group LP increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 296,008 shares of the exchange traded fund’s stock after buying an additional 46,316 shares during the quarter. iShares TIPS Bond ETF comprises about 3.5% of Rock Creek Group LP’s portfolio, making the stock its 11th biggest position. Rock Creek Group LP owned approximately 0.23% of iShares TIPS Bond ETF worth $32,922,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TIP. Root Financial Partners LLC bought a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at approximately $33,000. Abound Wealth Management bought a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth $41,000. Financial Gravity Companies Inc. acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $43,000. Johnson Financial Group Inc. acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $52,000. Finally, Vestwell Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 2nd quarter valued at $56,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.3%

TIP opened at $111.71 on Friday. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26. The company has a market cap of $14.00 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company’s fifty day moving average price is $110.46 and its two-hundred day moving average price is $110.85.

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). 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.