iShares TIPS Bond ETF (NYSEARCA:TIP) Position Increased by Cim LLC

Cim LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,579 shares of the exchange traded fund’s stock after acquiring an additional 4,110 shares during the quarter. iShares TIPS Bond ETF accounts for 2.4% of Cim LLC’s portfolio, making the stock its 19th largest position. Cim LLC owned about 0.08% of iShares TIPS Bond ETF worth $16,039,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Inscription Capital LLC boosted its holdings in iShares TIPS Bond ETF by 78.9% during the first quarter. Inscription Capital LLC now owns 7,315 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 3,225 shares in the last quarter. Kingfisher Capital LLC boosted its holdings in iShares TIPS Bond ETF by 4.3% in the fourth quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock worth $859,000 after purchasing an additional 327 shares in the last quarter. Angeles Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 13,850.0% in the fourth quarter. Angeles Wealth Management LLC now owns 4,743 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 4,709 shares during the period. Mosley Wealth Management acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $607,000. Finally, Confluence Wealth Services Inc. bought a new position in iShares TIPS Bond ETF during the second quarter worth $213,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $110.71 on Wednesday. The company has a 50-day simple moving average of $109.20 and a 200-day simple moving average of $107.48. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $111.06. The firm has a market capitalization of $19.21 billion, a P/E 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).