iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Horizons Wealth Management

Horizons Wealth Management boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,673 shares of the exchange traded fund’s stock after purchasing an additional 1,801 shares during the period. iShares TIPS Bond ETF makes up about 4.4% of Horizons Wealth Management’s portfolio, making the stock its 6th largest holding. Horizons Wealth Management’s holdings in iShares TIPS Bond ETF were worth $5,719,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC boosted its position in shares of iShares TIPS Bond ETF by 106.7% in the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF in the third quarter worth approximately $102,200,000. Envestnet Asset Management Inc. increased its position in shares of iShares TIPS Bond ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after acquiring an additional 410,284 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after acquiring an additional 398,292 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in iShares TIPS Bond ETF in the 2nd quarter worth approximately $24,990,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $106.49 on Tuesday. The company has a market cap of $18.48 billion, a P/E ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average is $107.69 and its two-hundred day moving average is $108.32. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).