iShares TIPS Bond ETF $TIP Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 171,382 shares of the exchange traded fund’s stock after acquiring an additional 9,239 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.14% of iShares TIPS Bond ETF worth $19,053,000 at the end of the most recent quarter.

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

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $110.12 on Thursday. iShares TIPS Bond ETF has a 52 week low of $106.47 and a 52 week high of $112.26. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a 50 day moving average price of $110.38 and a 200 day moving average price of $110.67.

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.