Geneos Wealth Management Inc. Boosts Position in iShares TIPS Bond ETF $TIP

Geneos Wealth Management Inc. raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1,658.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,180 shares of the exchange traded fund’s stock after buying an additional 17,146 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares TIPS Bond ETF were worth $2,006,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Coastal Bridge Advisors LLC raised its stake in shares of iShares TIPS Bond ETF by 0.3% in the 4th quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock valued at $2,916,000 after acquiring an additional 90 shares during the period. Wernau Asset Management Inc. boosted its position in iShares TIPS Bond ETF by 4.6% during the 1st quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock worth $228,000 after purchasing an additional 91 shares during the period. Foster & Motley Inc. increased its holdings in iShares TIPS Bond ETF by 0.3% in the 1st quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock valued at $3,646,000 after purchasing an additional 92 shares in the last quarter. Rock Point Advisors LLC increased its holdings in iShares TIPS Bond ETF by 4.6% in the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 93 shares in the last quarter. Finally, Auour Investments LLC raised its position in iShares TIPS Bond ETF by 2.3% in the first quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock valued at $449,000 after purchasing an additional 93 shares during the period. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $108.27 on Friday. The stock’s 50-day moving average is $109.52 and its two-hundred day moving average is $110.36. The stock has a market cap of $14.55 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12 month low of $107.82 and a 12 month high of $112.26.

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.