Focus Partners Advisor Solutions LLC Has $1.61 Million Holdings in iShares TIPS Bond ETF $TIP

Focus Partners Advisor Solutions LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 25.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,503 shares of the exchange traded fund’s stock after selling 4,823 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares TIPS Bond ETF were worth $1,609,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $33,000. Abound Wealth Management bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth approximately $41,000. Financial Gravity Companies Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $43,000. Johnson Financial Group Inc. bought a new stake in shares of iShares TIPS Bond ETF in the second quarter worth $52,000. Finally, Vestwell Advisors LLC acquired a new position in iShares TIPS Bond ETF during the second quarter worth $56,000. 63.62% of the stock is owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Down 0.0%

iShares TIPS Bond ETF stock opened at $111.22 on Friday. The company has a fifty day simple moving average of $110.61 and a 200 day simple moving average of $110.89. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26. The company has a market cap of $13.94 billion, a P/E ratio of 12.40 and a beta of 0.26.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.