SPC Financial Inc. Has $250,000 Holdings in iShares TIPS Bond ETF $TIP

SPC Financial Inc. reduced its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,269 shares of the exchange traded fund’s stock after selling 101 shares during the quarter. SPC Financial Inc.’s holdings in iShares TIPS Bond ETF were worth $250,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. CWM LLC boosted its holdings in shares of iShares TIPS Bond ETF by 3.4% in the 2nd quarter. CWM LLC now owns 53,359 shares of the exchange traded fund’s stock worth $5,872,000 after acquiring an additional 1,776 shares in the last quarter. Lodestar Private Asset Management LLC boosted its holdings in shares of iShares TIPS Bond ETF by 11.3% in the 2nd quarter. Lodestar Private Asset Management LLC now owns 42,232 shares of the exchange traded fund’s stock worth $4,647,000 after acquiring an additional 4,293 shares in the last quarter. Invictus Private Wealth LLC boosted its holdings in shares of iShares TIPS Bond ETF by 44.4% in the 2nd quarter. Invictus Private Wealth LLC now owns 16,600 shares of the exchange traded fund’s stock worth $1,827,000 after acquiring an additional 5,102 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $1,651,000. Finally, Mainstay Capital Management LLC ADV boosted its holdings in shares of iShares TIPS Bond ETF by 73.1% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 4,536 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 1,916 shares in the last quarter. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $111.51 on Monday. The company has a market capitalization of $14.08 billion, a P/E ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a one year low of $106.04 and a one year high of $112.26. The business’s 50 day simple moving average is $110.99 and its 200-day simple moving average is $109.85.

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).