iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC raised its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 294.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,375 shares of the exchange traded fund’s stock after buying an additional 72,678 shares during the quarter. iShares TIPS Bond ETF comprises about 0.6% of Belpointe Asset Management LLC’s portfolio, making the stock its 25th biggest holding. Belpointe Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $10,736,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of TIP. Coppell Advisory Solutions Corp. purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at about $26,000. Fortis Capital Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $28,000. Northern Trust Corp lifted its position in iShares TIPS Bond ETF by 3.7% during the first quarter. Northern Trust Corp now owns 33,068 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,176 shares in the last quarter. Ahrens Investment Partners LLC purchased a new position in iShares TIPS Bond ETF during the first quarter worth approximately $42,000. Finally, GPS Wealth Strategies Group LLC purchased a new stake in iShares TIPS Bond ETF in the 1st quarter valued at $53,000.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of TIP opened at $105.34 on Tuesday. iShares TIPS Bond ETF has a 52-week low of $104.57 and a 52-week high of $111.26. The stock has a fifty day simple moving average of $106.16 and a two-hundred day simple moving average of $107.81.

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).