Stone Point Wealth LLC Boosts Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stone Point Wealth LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,332 shares of the exchange traded fund’s stock after buying an additional 989 shares during the period. Stone Point Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $2,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in iShares TIPS Bond ETF by 10,652.4% in 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. Confluence Wealth Services Inc. purchased a new position in iShares TIPS Bond ETF in the 2nd quarter valued at $213,000. TIAA Trust National Association lifted its holdings in iShares TIPS Bond ETF by 3.2% in the 2nd quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock valued at $9,447,000 after purchasing an additional 2,776 shares in the last quarter. Buck Wealth Strategies LLC lifted its holdings in iShares TIPS Bond ETF by 1,108.6% in the 2nd quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after purchasing an additional 62,426 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 2nd quarter valued at $27,453,000.

iShares TIPS Bond ETF Stock Up 0.4 %

Shares of TIP opened at $108.27 on Friday. iShares TIPS Bond ETF has a 52-week low of $103.19 and a 52-week high of $111.06. The company has a market capitalization of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09. The stock has a fifty day simple moving average of $109.45 and a two-hundred day simple moving average of $107.90.

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).