Corepath Wealth Partners LLC Has $588,000 Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Corepath Wealth Partners LLC reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,397 shares of the exchange traded fund’s stock after selling 107 shares during the quarter. iShares TIPS Bond ETF accounts for about 0.6% of Corepath Wealth Partners LLC’s holdings, making the stock its 16th biggest position. Corepath Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $588,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 10.6% during the fourth quarter. FMR LLC now owns 7,729,985 shares of the exchange traded fund’s stock worth $823,630,000 after purchasing an additional 739,540 shares during the last quarter. Rock Creek Group LP boosted its holdings in iShares TIPS Bond ETF by 0.7% during the fourth quarter. Rock Creek Group LP now owns 2,764,310 shares of the exchange traded fund’s stock worth $294,537,000 after purchasing an additional 18,908 shares during the last quarter. Assetmark Inc. boosted its stake in iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after acquiring an additional 1,378,094 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares TIPS Bond ETF by 5.0% during the 4th quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock valued at $117,620,000 after acquiring an additional 52,479 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of iShares TIPS Bond ETF by 3,416.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,044,440 shares of the exchange traded fund’s stock worth $111,285,000 after purchasing an additional 1,014,735 shares during the period. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.1%

NYSEARCA:TIP opened at $109.76 on Friday. The stock has a market capitalization of $13.95 billion, a PE ratio of 12.40 and a beta of 0.19. The firm’s 50 day moving average is $108.99 and its 200 day moving average is $108.61. iShares TIPS Bond ETF has a 12 month low of $105.85 and a 12 month high of $111.51.

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).