Hilltop Holdings Inc. Raises Stock Position in iShares TIPS Bond ETF $TIP

Hilltop Holdings Inc. increased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 204.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,252 shares of the exchange traded fund’s stock after acquiring an additional 48,487 shares during the quarter. iShares TIPS Bond ETF comprises 0.7% of Hilltop Holdings Inc.’s holdings, making the stock its 21st biggest position. Hilltop Holdings Inc. owned 0.05% of iShares TIPS Bond ETF worth $7,974,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. TD Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $25,000. Woodside Wealth Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 167.8% during the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 151 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth about $26,000. Laurel Wealth Advisors LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $28,000. Finally, Smartleaf Asset Management LLC purchased a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.0%

Shares of NYSEARCA:TIP opened at $107.50 on Friday. iShares TIPS Bond ETF has a twelve month low of $107.48 and a twelve month high of $112.26. The company’s 50 day moving average is $109.19 and its 200 day moving average is $110.28. The company has a market cap of $14.56 billion, a PE ratio of 12.40 and a beta of 0.26.

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.