1 North Wealth Services LLC Takes Position in iShares TIPS Bond ETF (TIP)

1 North Wealth Services LLC purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 69,356 shares of the exchange traded fund’s stock, valued at approximately $7,595,000. iShares TIPS Bond ETF accounts for approximately 6.3% of 1 North Wealth Services LLC’s investment portfolio, making the stock its largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TIP. Nikulski Financial Inc. grew its stake in shares of iShares TIPS Bond ETF by 1.4% during the 4th quarter. Nikulski Financial Inc. now owns 8,274 shares of the exchange traded fund’s stock valued at $906,000 after purchasing an additional 111 shares during the period. Abbrea Capital LLC boosted its stake in shares of iShares TIPS Bond ETF by 6.0% in the fourth quarter. Abbrea Capital LLC now owns 2,637 shares of the exchange traded fund’s stock worth $289,000 after acquiring an additional 149 shares during the last quarter. Ford Financial Group Inc. raised its position in iShares TIPS Bond ETF by 1.2% in the fourth quarter. Ford Financial Group Inc. now owns 13,257 shares of the exchange traded fund’s stock valued at $1,451,000 after purchasing an additional 159 shares during the period. Lourd Capital LLC grew its stake in iShares TIPS Bond ETF by 1.7% during the 4th quarter. Lourd Capital LLC now owns 11,290 shares of the exchange traded fund’s stock worth $1,236,000 after purchasing an additional 185 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares TIPS Bond ETF by 78.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 426 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 187 shares during the last quarter.

Shares of TIP opened at $110.53 on Thursday. iShares TIPS Bond ETF has a twelve month low of $107.53 and a twelve month high of $113.22.

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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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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