iShares TIPS Bond ETF $TIP Stock Position Raised by Ethos Financial Group LLC

Ethos Financial Group LLC grew its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 228,072 shares of the exchange traded fund’s stock after buying an additional 19,430 shares during the period. iShares TIPS Bond ETF makes up approximately 1.8% of Ethos Financial Group LLC’s investment portfolio, making the stock its 9th largest holding. Ethos Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $25,170,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TIP. TD Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $25,000. Woodside Wealth Management LLC grew its holdings in 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 worth $26,000 after acquiring an additional 151 shares during the period. Evolution Wealth Management Inc. purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth $26,000. Laurel Wealth Advisors LLC purchased a new position in iShares TIPS Bond ETF in the fourth quarter worth $28,000. Finally, Holos Integrated Wealth LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter valued at $29,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $108.01 on Wednesday. iShares TIPS Bond ETF has a one year low of $107.82 and a one year high of $112.26. The firm has a market capitalization of $14.47 billion, a P/E ratio of 12.40 and a beta of 0.26. The company’s fifty day moving average is $109.71 and its two-hundred day moving average is $110.40.

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.