Quotient Wealth Partners LLC Raises Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Quotient Wealth Partners LLC lifted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 394,570 shares of the exchange traded fund’s stock after purchasing an additional 12,055 shares during the quarter. iShares TIPS Bond ETF comprises about 1.4% of Quotient Wealth Partners LLC’s holdings, making the stock its 20th biggest holding. Quotient Wealth Partners LLC owned about 0.23% of iShares TIPS Bond ETF worth $42,041,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. FMR LLC boosted its position in iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after buying an additional 3,608,542 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in iShares TIPS Bond ETF by 58.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the period. Baldwin Wealth Partners LLC MA grew its stake in iShares TIPS Bond ETF by 52.6% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after purchasing an additional 147,849 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $108.44 on Friday. The business’s 50-day moving average is $107.40 and its two-hundred day moving average is $108.36. The firm has a market capitalization of $18.81 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).