6,513 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Purchased by Dorsey Wright & Associates

Dorsey Wright & Associates bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,513 shares of the exchange traded fund’s stock, valued at approximately $694,000.

Several other institutional investors also recently made changes to their positions in TIP. Assetmark Inc. lifted its position in iShares TIPS Bond ETF by 1,852.1% in the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after purchasing an additional 1,378,094 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $76,533,000. Sumitomo Life Insurance Co. raised its holdings in shares of iShares TIPS Bond ETF by 58.0% during 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 buying an additional 536,610 shares during the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $42,463,000. Finally, Raymond James Financial Inc. bought a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $37,033,000.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $110.65 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The business’s fifty day moving average price is $108.99 and its two-hundred day moving average price is $108.57. The company has a market capitalization of $14.41 billion, a P/E ratio of 12.32 and a beta of 0.28.

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).