Golden State Wealth Management LLC lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 903.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 602 shares of the exchange traded fund’s stock after acquiring an additional 542 shares during the quarter. Golden State Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $67,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $26,000. NBC Securities Inc. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth approximately $26,000. Copia Wealth Management purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $26,000. Godsey & Gibb Inc. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth approximately $29,000. Finally, Transce3nd LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Stock Up 0.3%
TIP stock opened at $110.04 on Tuesday. iShares TIPS Bond ETF has a 12-month low of $105.85 and a 12-month high of $111.51. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. The company has a 50 day moving average of $109.02 and a two-hundred day moving average of $108.63.
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).
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