Mission Wealth Management LP Has $463,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Mission Wealth Management LP raised its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 68.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 4,314 shares of the exchange traded fund’s stock after purchasing an additional 1,752 shares during the period. Mission Wealth Management LP’s holdings in iShares TIPS Bond ETF were worth $463,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 42.9% in the first quarter. Sequoia Financial Advisors LLC now owns 4,509 shares of the exchange traded fund’s stock worth $484,000 after buying an additional 1,354 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of iShares TIPS Bond ETF in the first quarter worth about $737,000. Stephenson & Company Inc. lifted its holdings in iShares TIPS Bond ETF by 10.7% in the first quarter. Stephenson & Company Inc. now owns 25,622 shares of the exchange traded fund’s stock worth $2,752,000 after buying an additional 2,471 shares during the period. Hartline Investment Corp purchased a new position in shares of iShares TIPS Bond ETF during the first quarter valued at approximately $399,000. Finally, North Star Investment Management Corp. increased its position in shares of iShares TIPS Bond ETF by 10.5% during the first quarter. North Star Investment Management Corp. now owns 2,627 shares of the exchange traded fund’s stock valued at $282,000 after acquiring an additional 249 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.5 %

NYSEARCA:TIP traded up $0.48 during trading hours on Friday, reaching $107.02. The company had a trading volume of 1,192,509 shares, compared to its average volume of 2,073,009. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $108.54. The firm’s 50 day moving average price is $106.45 and its 200-day moving average price is $106.66. The firm has a market cap of $18.57 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).