Impact Partnership Wealth LLC Trims Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Impact Partnership Wealth LLC lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,587 shares of the exchange traded fund’s stock after selling 7,212 shares during the quarter. iShares TIPS Bond ETF makes up 0.6% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 24th largest position. Impact Partnership Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $3,152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. bought a new stake in iShares TIPS Bond ETF during the second quarter valued at approximately $26,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL raised its holdings in shares of iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $96,000.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of NYSEARCA TIP opened at $107.24 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The business has a 50-day moving average price of $107.38 and a 200 day moving average price of $108.31. The stock has a market cap of $18.61 billion, a PE ratio of 11.86 and a beta of 0.09.

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).