Rock Creek Group LP Has $40.73 Million Holdings in iShares TIPS Bond ETF $TIP

Rock Creek Group LP boosted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 25.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 370,537 shares of the exchange traded fund’s stock after buying an additional 74,529 shares during the period. iShares TIPS Bond ETF comprises 4.3% of Rock Creek Group LP’s investment portfolio, making the stock its 11th largest holding. Rock Creek Group LP’s holdings in iShares TIPS Bond ETF were worth $40,726,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of TIP. Woodside Wealth Management LLC grew its stake in iShares TIPS Bond ETF by 167.8% during the 4th quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter valued at about $28,000. Holos Integrated Wealth LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter valued at about $29,000. Pittenger & Anderson Inc. purchased a new position in iShares TIPS Bond ETF during the 4th quarter valued at about $34,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in iShares TIPS Bond ETF during the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $111.21 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $108.07 and a fifty-two week high of $112.26. The stock’s 50-day moving average is $110.90 and its two-hundred day moving average is $110.75. The stock has a market cap of $14.71 billion, a PE ratio of 12.40 and a beta of 0.27.

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). 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.