Arta Finance Wealth Management LLC Makes New $707,000 Investment in iShares TIPS Bond ETF $TIP

Arta Finance Wealth Management LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,434 shares of the exchange traded fund’s stock, valued at approximately $707,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Holos Integrated Wealth LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth about $29,000. Root Financial Partners LLC acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000. Abound Wealth Management acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $41,000. Triumph Capital Management bought a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $51,000. Finally, Vestwell Advisors LLC bought a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $56,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $110.81 on Friday. iShares TIPS Bond ETF has a 12 month low of $106.47 and a 12 month high of $112.26. The company has a market cap of $13.96 billion, a PE ratio of 12.40 and a beta of 0.26. The business’s 50 day moving average is $110.86 and its two-hundred day moving average is $110.84.

iShares TIPS Bond ETF 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.