RCS Financial Planning LLC Makes New $5.97 Million Investment in iShares TIPS Bond ETF $TIP

RCS Financial Planning LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,419 shares of the exchange traded fund’s stock, valued at approximately $5,974,000. iShares TIPS Bond ETF accounts for approximately 3.2% of RCS Financial Planning LLC’s holdings, making the stock its 8th biggest position.

A number of other institutional investors have also recently made changes to their positions in TIP. TD Capital Management LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth about $25,000. CX Institutional bought a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at about $29,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at about $35,000. Timbuktu Capital Management LLC purchased a new stake in iShares TIPS Bond ETF during the second quarter valued at about $52,000. Finally, Realta Investment Advisors lifted its holdings in iShares TIPS Bond ETF by 159.2% during the first quarter. Realta Investment Advisors now owns 521 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 320 shares during the last quarter. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP traded up $0.26 on Wednesday, reaching $104.82. 1,665,939 shares of the company’s stock were exchanged, compared to its average volume of 2,218,063. The firm has a market cap of $14.32 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 52 week low of $103.75 and a 52 week high of $112.24. The stock has a fifty day simple moving average of $105.95 and a 200-day simple moving average of $108.41.

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.