TrueWealth Financial Partners Makes New Investment in iShares TIPS Bond ETF $TIP

TrueWealth Financial Partners acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 15,708 shares of the exchange traded fund’s stock, valued at approximately $1,726,000. iShares TIPS Bond ETF accounts for about 1.4% of TrueWealth Financial Partners’ holdings, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC boosted its stake in iShares TIPS Bond ETF by 208.8% during the fourth quarter. Ameritas Advisory Services LLC now owns 11,620 shares of the exchange traded fund’s stock worth $1,277,000 after buying an additional 7,857 shares during the period. World Investment Advisors boosted its stake in iShares TIPS Bond ETF by 50.5% during the fourth quarter. World Investment Advisors now owns 3,498 shares of the exchange traded fund’s stock worth $384,000 after buying an additional 1,173 shares during the period. One Wealth Map LLC boosted its stake in iShares TIPS Bond ETF by 1.5% during the fourth quarter. One Wealth Map LLC now owns 69,928 shares of the exchange traded fund’s stock worth $7,705,000 after buying an additional 1,033 shares during the period. Hirtle Callaghan & Co LLC boosted its stake in iShares TIPS Bond ETF by 4.0% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 58,498 shares of the exchange traded fund’s stock worth $6,430,000 after buying an additional 2,273 shares during the period. Finally, Rock Point Advisors LLC boosted its stake in iShares TIPS Bond ETF by 4.6% during the fourth quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 93 shares during the period. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $111.12 on Thursday. The company has a fifty day moving average of $111.04 and a two-hundred day moving average of $110.80. The firm has a market capitalization of $14.70 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 $107.98 and a 52 week high of $112.26.

About iShares TIPS Bond ETF

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.