Money Concepts Capital Corp Boosts Holdings in iShares TIPS Bond ETF $TIP

Money Concepts Capital Corp boosted its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 39.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,109 shares of the exchange traded fund’s stock after buying an additional 5,445 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares TIPS Bond ETF were worth $2,109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Coastal Bridge Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF by 0.3% during the 4th quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after acquiring an additional 90 shares during the last quarter. Wernau Asset Management Inc. grew its position in shares of iShares TIPS Bond ETF by 4.6% during the 1st quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock valued at $228,000 after acquiring an additional 91 shares during the period. Foster & Motley Inc. increased its stake in shares of iShares TIPS Bond ETF by 0.3% in the 1st quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock worth $3,646,000 after purchasing an additional 92 shares in the last quarter. Rock Point Advisors LLC increased its stake in shares of iShares TIPS Bond ETF by 4.6% in the 4th quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 93 shares in the last quarter. Finally, Auour Investments LLC raised its holdings in iShares TIPS Bond ETF by 2.3% in the 1st quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after purchasing 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 Trading Up 0.0%

NYSEARCA TIP traded up $0.01 on Friday, hitting $108.13. 1,162,038 shares of the company traded hands, compared to its average volume of 2,395,411. The company has a market capitalization of $14.51 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The business’s 50 day moving average price is $109.84 and its 200-day moving average price is $110.42. iShares TIPS Bond ETF has a 52-week low of $107.98 and a 52-week high of $112.26.

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.