Rock Creek Group LP Raises Position in iShares TIPS Bond ETF $TIP

Rock Creek Group LP grew its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 296,008 shares of the exchange traded fund’s stock after purchasing an additional 46,316 shares during the quarter. iShares TIPS Bond ETF makes up about 3.5% of Rock Creek Group LP’s holdings, making the stock its 11th largest position. Rock Creek Group LP’s holdings in iShares TIPS Bond ETF were worth $32,922,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Gould Asset Management LLC CA raised its position in iShares TIPS Bond ETF by 1.1% in the 3rd quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 90 shares during the last quarter. Daymark Wealth Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 1.3% in the 2nd quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock worth $764,000 after acquiring an additional 92 shares in the last quarter. Fiducient Advisors LLC grew its stake in shares of iShares TIPS Bond ETF by 0.7% in the 2nd quarter. Fiducient Advisors LLC now owns 13,725 shares of the exchange traded fund’s stock worth $1,510,000 after acquiring an additional 92 shares in the last quarter. WealthShield Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 5.2% in the second quarter. WealthShield Partners LLC now owns 2,006 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 99 shares during the last quarter. Finally, BOS Asset Management LLC lifted its position in shares of iShares TIPS Bond ETF by 1.0% during the third quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock valued at $1,121,000 after purchasing an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $111.71 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $106.47 and a fifty-two week high of $112.26. The firm’s 50-day simple moving average is $110.46 and its 200 day simple moving average is $110.85. The stock has a market cap of $14.00 billion, a PE ratio of 12.40 and a beta of 0.26.

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). 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.