Quotient Wealth Partners LLC Increases Holdings in iShares TIPS Bond ETF $TIP

Quotient Wealth Partners LLC lifted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 409,268 shares of the exchange traded fund’s stock after purchasing an additional 8,202 shares during the quarter. iShares TIPS Bond ETF accounts for about 1.3% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 20th biggest holding. Quotient Wealth Partners LLC owned 0.33% of iShares TIPS Bond ETF worth $45,036,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of iShares TIPS Bond ETF by 7.0% in the first quarter. Envestnet Asset Management Inc. now owns 2,161,741 shares of the exchange traded fund’s stock worth $240,148,000 after acquiring an additional 141,703 shares during the period. Sumitomo Life Insurance Co. lifted its position in shares of iShares TIPS Bond ETF by 10.0% in the first quarter. Sumitomo Life Insurance Co. now owns 1,607,733 shares of the exchange traded fund’s stock worth $178,603,000 after buying an additional 145,987 shares in the last quarter. 3EDGE Asset Management LP lifted its position in shares of iShares TIPS Bond ETF by 96.5% in the first quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock worth $173,431,000 after buying an additional 766,851 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares TIPS Bond ETF by 3.2% in the first quarter. LPL Financial LLC now owns 1,138,764 shares of the exchange traded fund’s stock worth $126,505,000 after buying an additional 34,866 shares in the last quarter. Finally, Partners Capital Investment Group LLP lifted its stake in shares of iShares TIPS Bond ETF by 80.5% in the 1st quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock valued at $113,756,000 after purchasing an additional 456,633 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $111.68 on Friday. The business has a 50 day simple moving average of $111.12 and a 200-day simple moving average of $109.90. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $112.26. The firm has a market capitalization of $14.07 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19.

About iShares TIPS Bond ETF

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).