Principia Wealth Advisory LLC Has $1.82 Million Stock Position in iShares TIPS Bond ETF $TIP

Principia Wealth Advisory LLC increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 116.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,526 shares of the exchange traded fund’s stock after purchasing an additional 8,894 shares during the period. iShares TIPS Bond ETF comprises about 0.5% of Principia Wealth Advisory LLC’s portfolio, making the stock its 23rd largest holding. Principia Wealth Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $1,816,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Woodside Wealth Management LLC raised 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 worth $26,000 after buying an additional 151 shares during the period. Laurel Wealth Advisors LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $28,000. Holos Integrated Wealth LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $29,000. Pittenger & Anderson Inc. acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $34,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth approximately $36,000. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Up 0.3%

Shares of iShares TIPS Bond ETF stock opened at $111.18 on Friday. The company has a market cap of $14.71 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 52 week low of $108.07 and a 52 week high of $112.26. The business has a 50 day moving average price of $110.90 and a 200-day moving average price of $110.75.

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.