iShares TIPS Bond ETF $TIP Holdings Boosted by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 460,411 shares of the exchange traded fund’s stock after purchasing an additional 17,036 shares during the period. iShares TIPS Bond ETF comprises about 3.2% of Baldwin Wealth Partners LLC MA’s holdings, making the stock its 7th largest position. Baldwin Wealth Partners LLC MA’s holdings in iShares TIPS Bond ETF were worth $50,604,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $834,000. Bank of America Corp DE raised its position in iShares TIPS Bond ETF by 32.3% in the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock valued at $1,908,042,000 after purchasing an additional 4,189,926 shares during the last quarter. Fermata Advisors LLC boosted its stake in iShares TIPS Bond ETF by 16.0% during the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock worth $5,240,000 after purchasing an additional 6,514 shares during the period. Carr Financial Group Corp purchased a new position in iShares TIPS Bond ETF during the 3rd quarter worth $621,000. Finally, Archer Investment Management LLC purchased a new position in iShares TIPS Bond ETF during the 3rd quarter worth $8,131,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.8%

NYSEARCA TIP opened at $110.22 on Friday. The firm has a market cap of $13.81 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 52-week low of $106.47 and a 52-week high of $112.26. The business’s 50-day moving average price is $110.84 and its 200 day moving average price is $110.92.

iShares TIPS Bond ETF Company 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.