Geneos Wealth Management Inc. Trims Holdings in iShares TIPS Bond ETF $TIP

Geneos Wealth Management Inc. trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 14.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 854 shares of the exchange traded fund’s stock after selling 140 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares TIPS Bond ETF were worth $95,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of TIP. Copia Wealth Management purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $26,000. NBC Securities Inc. purchased a new position in iShares TIPS Bond ETF in the first quarter worth $26,000. Golden State Wealth Management LLC grew its stake in iShares TIPS Bond ETF by 295.0% during the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 177 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in iShares TIPS Bond ETF during the 1st quarter worth $26,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter worth about $29,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.1%

NYSEARCA:TIP opened at $111.81 on Thursday. The company has a market cap of $13.93 billion, a PE ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The company’s 50 day moving average is $110.47 and its two-hundred day moving average is $109.69.

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).