36,158 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by J2 Capital Management Inc

J2 Capital Management Inc bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, Holdings Channel reports. The firm bought 36,158 shares of the exchange traded fund’s stock, valued at approximately $3,853,000. iShares TIPS Bond ETF makes up about 3.6% of J2 Capital Management Inc’s portfolio, making the stock its 6th biggest holding.

Several other institutional investors have also recently bought and sold shares of the company. Financial & Tax Architects LLC boosted its position in shares of iShares TIPS Bond ETF by 3.3% in the fourth quarter. Financial & Tax Architects LLC now owns 62,916 shares of the exchange traded fund’s stock valued at $6,704,000 after acquiring an additional 1,991 shares during the period. Cranbrook Wealth Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 3.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 51,300 shares of the exchange traded fund’s stock worth $5,466,000 after purchasing an additional 1,906 shares during the period. Merit Financial Group LLC lifted its stake in shares of iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after buying an additional 3,183 shares during the period. Chemistry Wealth Management LLC lifted its position in shares of iShares TIPS Bond ETF by 17.0% in the 4th quarter. Chemistry Wealth Management LLC now owns 10,256 shares of the exchange traded fund’s stock worth $1,093,000 after acquiring an additional 1,492 shares during the period. Finally, KMG Fiduciary Partners LLC grew its holdings in shares of iShares TIPS Bond ETF by 33.6% during the 4th quarter. KMG Fiduciary Partners LLC now owns 21,394 shares of the exchange traded fund’s stock worth $2,280,000 after purchasing an additional 5,378 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.0 %

Shares of NYSEARCA TIP opened at $107.18 on Friday. The firm has a market capitalization of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The business has a fifty day simple moving average of $107.42 and a 200 day simple moving average of $108.28.

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).