Dakota Wealth Management Sells 25,031 Shares of iShares TIPS Bond ETF $TIP

Dakota Wealth Management cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 233,207 shares of the exchange traded fund’s stock after selling 25,031 shares during the period. Dakota Wealth Management owned approximately 0.18% of iShares TIPS Bond ETF worth $25,632,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of TIP. Brighton Jones LLC grew its position in shares of iShares TIPS Bond ETF by 8.0% during the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after purchasing an additional 1,102 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the first quarter valued at approximately $432,000. Goldman Sachs Group Inc. boosted its stake in shares of iShares TIPS Bond ETF by 82.1% in the first quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock valued at $54,099,000 after buying an additional 219,598 shares during the period. JPMorgan Chase & Co. grew its position in iShares TIPS Bond ETF by 9.7% during the second quarter. JPMorgan Chase & Co. now owns 1,030,196 shares of the exchange traded fund’s stock worth $113,363,000 after buying an additional 90,809 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $781,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $109.76 on Friday. The stock has a market capitalization of $13.75 billion, a PE ratio of 12.40 and a beta of 0.26. The business has a fifty day moving average price of $110.82 and a two-hundred day moving average price of $110.90. iShares TIPS Bond ETF has a fifty-two week low of $106.47 and a fifty-two week high of $112.26.

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.