Liberty Wealth Management LLC Has $2.50 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Liberty Wealth Management LLC boosted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 146.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,418 shares of the exchange traded fund’s stock after purchasing an additional 13,930 shares during the period. Liberty Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $2,501,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TIP. YHB Investment Advisors Inc. bought a new position in shares of iShares TIPS Bond ETF during the 1st quarter valued at $30,000. Private Ocean LLC increased its position in iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares during the last quarter. First Pacific Financial raised its holdings in iShares TIPS Bond ETF by 197.0% during the first quarter. First Pacific Financial now owns 294 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 195 shares in the last quarter. Salem Investment Counselors Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the first quarter worth about $36,000. Finally, Gradient Investments LLC boosted its stake in shares of iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $109.74 on Tuesday. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50 day simple moving average is $108.13 and its 200 day simple moving average is $107.08. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $109.99.

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).