iShares TIPS Bond ETF $TIP Shares Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 43.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,341 shares of the exchange traded fund’s stock after acquiring an additional 17,186 shares during the quarter. iShares TIPS Bond ETF comprises approximately 0.8% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 23rd largest holding. Impact Partnership Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $6,192,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Woodside Wealth Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 167.8% during the fourth 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 acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $28,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $29,000. Pittenger & Anderson Inc. acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $34,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.0%

Shares of NYSEARCA:TIP opened at $111.21 on Friday. iShares TIPS Bond ETF has a twelve month low of $108.07 and a twelve month high of $112.26. The company’s 50 day moving average is $110.90 and its 200 day moving average is $110.75. 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 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.