Dorsey Wright & Associates Grows Holdings in iShares TIPS Bond ETF $TIP

Dorsey Wright & Associates boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 586.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,477 shares of the exchange traded fund’s stock after acquiring an additional 24,330 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares TIPS Bond ETF were worth $3,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in TIP. Brighton Jones LLC increased its holdings in iShares TIPS Bond ETF by 8.0% during the 4th quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after purchasing an additional 1,102 shares during the period. AQR Capital Management LLC purchased a new position in shares of iShares TIPS Bond ETF during the first quarter valued at approximately $432,000. Goldman Sachs Group Inc. raised its stake in iShares TIPS Bond ETF by 82.1% during the first quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock valued at $54,099,000 after buying an additional 219,598 shares during the last quarter. Brown Advisory Inc. raised its position in shares of iShares TIPS Bond ETF by 5.1% in the 2nd quarter. Brown Advisory Inc. now owns 2,755 shares of the exchange traded fund’s stock worth $303,000 after purchasing an additional 134 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF by 5.3% in the second quarter. NewEdge Advisors LLC now owns 33,907 shares of the exchange traded fund’s stock worth $3,731,000 after buying an additional 1,717 shares in the last quarter. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Trading Up 0.3%

Shares of TIP opened at $108.27 on Friday. The company has a market cap of $14.55 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 12 month low of $107.82 and a 12 month high of $112.26. The business’s fifty day simple moving average is $109.52 and its two-hundred day simple moving average is $110.36.

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.