Indivisible Partners Makes New $1.21 Million Investment in iShares TIPS Bond ETF $TIP

Indivisible Partners bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 10,966 shares of the exchange traded fund’s stock, valued at approximately $1,205,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BOKF NA increased its holdings in iShares TIPS Bond ETF by 10.7% in the 4th quarter. BOKF NA now owns 100,744 shares of the exchange traded fund’s stock worth $11,073,000 after purchasing an additional 9,772 shares in the last quarter. Garner Asset Management Corp increased its holdings in iShares TIPS Bond ETF by 43.6% in the 4th quarter. Garner Asset Management Corp now owns 26,607 shares of the exchange traded fund’s stock worth $2,924,000 after purchasing an additional 8,084 shares in the last quarter. MMA Asset Management LLC increased its holdings in iShares TIPS Bond ETF by 6.0% in the 4th quarter. MMA Asset Management LLC now owns 12,333 shares of the exchange traded fund’s stock worth $1,356,000 after purchasing an additional 699 shares in the last quarter. Truist Financial Corp increased its holdings in iShares TIPS Bond ETF by 0.3% in the 4th quarter. Truist Financial Corp now owns 125,472 shares of the exchange traded fund’s stock worth $13,791,000 after purchasing an additional 437 shares in the last quarter. Finally, Pittenger & Anderson Inc. acquired a new position in iShares TIPS Bond ETF in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.1%

Shares of TIP opened at $111.15 on Thursday. iShares TIPS Bond ETF has a 12-month low of $107.98 and a 12-month high of $112.26. The business has a 50-day simple moving average of $111.07 and a two-hundred day simple moving average of $110.83. The stock has a market cap of $14.71 billion, a PE ratio of 12.40 and a beta of 0.27.

About iShares TIPS Bond ETF

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.