Dakota Wealth Management Has $25.63 Million Position in iShares TIPS Bond ETF $TIP

Dakota Wealth Management decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. 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’s holdings in iShares TIPS Bond ETF were worth $25,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TIP. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $834,000. Park Avenue Securities LLC grew its position in iShares TIPS Bond ETF by 339.0% in the fourth quarter. Park Avenue Securities LLC now owns 27,677 shares of the exchange traded fund’s stock valued at $3,042,000 after acquiring an additional 21,372 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares TIPS Bond ETF by 32.3% in the third quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares during the last quarter. Fermata Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF by 16.0% in the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock valued at $5,240,000 after purchasing an additional 6,514 shares in the last quarter. Finally, Carr Financial Group Corp bought a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $621,000. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $109.76 on Friday. The stock has a market cap of $13.75 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The company has a 50 day simple moving average of $110.82 and a 200 day simple moving average of $110.90. iShares TIPS Bond ETF has a 1 year low of $106.47 and a 1 year high of $112.26.

About iShares TIPS Bond ETF

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.