iShares TIPS Bond ETF $TIP Position Increased by Invictus Private Wealth LLC

Invictus Private Wealth LLC raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,600 shares of the exchange traded fund’s stock after buying an additional 5,102 shares during the quarter. Invictus Private Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $1,827,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in iShares TIPS Bond ETF by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after buying an additional 9,526 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares TIPS Bond ETF by 24.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 178,402 shares of the exchange traded fund’s stock valued at $19,819,000 after buying an additional 35,058 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in iShares TIPS Bond ETF by 295.0% during the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 177 shares in the last quarter. Fiera Capital Corp lifted its stake in iShares TIPS Bond ETF by 3.8% during the first quarter. Fiera Capital Corp now owns 4,456 shares of the exchange traded fund’s stock valued at $495,000 after buying an additional 165 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in iShares TIPS Bond ETF by 13.2% during the first quarter. Mackenzie Financial Corp now owns 54,000 shares of the exchange traded fund’s stock valued at $5,999,000 after buying an additional 6,300 shares in the last quarter. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $111.51 on Friday. The company has a market capitalization of $14.15 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $112.26. The business’s 50-day moving average is $110.99 and its 200-day moving average is $109.86.

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).