Baldwin Wealth Partners LLC MA Purchases 17,036 Shares of iShares TIPS Bond ETF $TIP

Baldwin Wealth Partners LLC MA lifted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 460,411 shares of the exchange traded fund’s stock after buying an additional 17,036 shares during the quarter. iShares TIPS Bond ETF makes up 3.2% of Baldwin Wealth Partners LLC MA’s investment portfolio, making the stock its 7th largest holding. Baldwin Wealth Partners LLC MA owned approximately 0.37% of iShares TIPS Bond ETF worth $50,604,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter worth approximately $834,000. Bank of America Corp DE grew its holdings in iShares TIPS Bond ETF by 32.3% during the 3rd quarter. Bank of America Corp DE now owns 17,155,565 shares of the exchange traded fund’s stock worth $1,908,042,000 after acquiring an additional 4,189,926 shares in the last quarter. Fermata Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 16.0% in the 3rd quarter. Fermata Advisors LLC now owns 47,115 shares of the exchange traded fund’s stock valued at $5,240,000 after purchasing an additional 6,514 shares during the last quarter. Carr Financial Group Corp purchased a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter worth $621,000. Finally, Archer Investment Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the third quarter worth $8,131,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $110.22 on Friday. The stock has a market cap of $13.81 billion, a PE ratio of 12.40 and a beta of 0.26. The stock’s fifty day moving average is $110.84 and its two-hundred day moving average is $110.92. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26.

About iShares TIPS Bond ETF

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.