Tritonpoint Wealth LLC Has $872,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Tritonpoint Wealth LLC increased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,182 shares of the exchange traded fund’s stock after purchasing an additional 572 shares during the period. Tritonpoint Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $872,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TIP. Tsfg LLC boosted its position in shares of iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after acquiring an additional 93 shares during the period. KMG Fiduciary Partners LLC boosted its holdings in iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 100 shares during the period. First United Bank & Trust grew its position in iShares TIPS Bond ETF by 3.2% in the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 108 shares during the last quarter. FC Advisory LLC grew its position in iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $108.01 on Monday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The stock has a market cap of $18.74 billion, a PE ratio of 11.86 and a beta of 0.09. The firm has a 50-day simple moving average of $107.39 and a 200 day simple moving average of $108.33.

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).