SFG Wealth Management LLC. Makes New Investment in iShares TIPS Bond ETF $TIP

SFG Wealth Management LLC. acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,529 shares of the exchange traded fund’s stock, valued at approximately $278,000.

A number of other institutional investors also recently modified their holdings of TIP. DORVAL Corp grew its stake in shares of iShares TIPS Bond ETF by 2.2% in the second quarter. DORVAL Corp now owns 165,549 shares of the exchange traded fund’s stock worth $18,217,000 after purchasing an additional 3,489 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in iShares TIPS Bond ETF by 4.3% in the 2nd quarter. Wilmington Savings Fund Society FSB now owns 10,600 shares of the exchange traded fund’s stock worth $1,166,000 after buying an additional 440 shares during the period. CWM LLC lifted its holdings in iShares TIPS Bond ETF by 3.4% in the 2nd quarter. CWM LLC now owns 53,359 shares of the exchange traded fund’s stock worth $5,872,000 after buying an additional 1,776 shares during the period. Lodestar Private Asset Management LLC grew its position in shares of iShares TIPS Bond ETF by 11.3% in the 2nd quarter. Lodestar Private Asset Management LLC now owns 42,232 shares of the exchange traded fund’s stock worth $4,647,000 after buying an additional 4,293 shares during the last quarter. Finally, Invictus Private Wealth LLC increased its stake in shares of iShares TIPS Bond ETF by 44.4% during the second quarter. Invictus Private Wealth LLC now owns 16,600 shares of the exchange traded fund’s stock valued at $1,827,000 after buying an additional 5,102 shares during the period. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of iShares TIPS Bond ETF stock opened at $111.67 on Wednesday. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26. The company has a market cap of $14.10 billion, a P/E ratio of 12.40 and a beta of 0.19. The company’s fifty day simple moving average is $111.04 and its two-hundred day simple moving average is $109.88.

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).