Insight Wealth Strategies LLC Buys 2,108 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Insight Wealth Strategies LLC lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 85,283 shares of the exchange traded fund’s stock after buying an additional 2,108 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 1.2% of Insight Wealth Strategies LLC’s holdings, making the stock its 22nd largest position. Insight Wealth Strategies LLC’s holdings in iShares TIPS Bond ETF were worth $9,087,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Savant Capital LLC grew its holdings in iShares TIPS Bond ETF by 67.0% during the 2nd quarter. Savant Capital LLC now owns 14,443 shares of the exchange traded fund’s stock valued at $1,542,000 after buying an additional 5,797 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in iShares TIPS Bond ETF by 590.7% during the second quarter. Strategic Financial Concepts LLC now owns 193,711 shares of the exchange traded fund’s stock valued at $207,000 after purchasing an additional 165,664 shares in the last quarter. Fiducient Advisors LLC bought a new position in iShares TIPS Bond ETF during the second quarter valued at $1,168,000. Stephenson & Company Inc. grew its stake in shares of iShares TIPS Bond ETF by 3.7% in the 2nd quarter. Stephenson & Company Inc. now owns 26,565 shares of the exchange traded fund’s stock worth $2,837,000 after buying an additional 943 shares in the last quarter. Finally, Ellis Investment Partners LLC raised its position in shares of iShares TIPS Bond ETF by 1.4% during the 2nd quarter. Ellis Investment Partners LLC now owns 18,669 shares of the exchange traded fund’s stock valued at $1,993,000 after buying an additional 250 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

TIP traded up $0.06 on Monday, hitting $106.55. The company had a trading volume of 2,469,065 shares, compared to its average volume of 2,802,132. The business’s fifty day simple moving average is $107.72 and its 200 day simple 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. The company has a market cap of $18.49 billion, a PE ratio of 11.86 and a beta of 0.09.

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).