Buck Wealth Strategies LLC Increases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Buck Wealth Strategies LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1,108.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,057 shares of the exchange traded fund’s stock after acquiring an additional 62,426 shares during the quarter. iShares TIPS Bond ETF makes up about 2.1% of Buck Wealth Strategies LLC’s investment portfolio, making the stock its 22nd largest position. Buck Wealth Strategies LLC’s holdings in iShares TIPS Bond ETF were worth $7,267,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of TIP. Gryphon Financial Partners LLC grew its stake in shares of iShares TIPS Bond ETF by 73.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 10,900 shares of the exchange traded fund’s stock worth $1,172,000 after acquiring an additional 4,624 shares during the last quarter. Principal Financial Group Inc. raised its stake in iShares TIPS Bond ETF by 12.4% in the 4th quarter. Principal Financial Group Inc. now owns 13,460 shares of the exchange traded fund’s stock worth $1,447,000 after acquiring an additional 1,488 shares during the last quarter. Rathbones Group PLC lifted its position in iShares TIPS Bond ETF by 21.9% during the 4th quarter. Rathbones Group PLC now owns 107,812 shares of the exchange traded fund’s stock worth $11,589,000 after acquiring an additional 19,348 shares during the period. Summit Financial Strategies Inc. grew its stake in iShares TIPS Bond ETF by 35.3% during the 4th quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 797 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $105,000.

iShares TIPS Bond ETF Stock Up 0.2 %

iShares TIPS Bond ETF stock opened at $110.54 on Friday. The stock has a 50-day moving average price of $109.06 and a 200 day moving average price of $107.42. The company has a market capitalization of $19.18 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $111.06.

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).