Daymark Wealth Partners LLC Purchases Shares of 6,581 iShares TIPS Bond ETF (NYSEARCA:TIP)

Daymark Wealth Partners LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,581 shares of the exchange traded fund’s stock, valued at approximately $703,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Summit Financial Strategies Inc. increased its stake in iShares TIPS Bond ETF by 35.3% during the fourth quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock worth $328,000 after acquiring an additional 797 shares during the last quarter. Inscription Capital LLC increased its position in iShares TIPS Bond ETF by 78.9% during the 1st quarter. Inscription Capital LLC now owns 7,315 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 3,225 shares in the last quarter. Kingfisher Capital LLC raised its holdings in iShares TIPS Bond ETF by 4.3% in the fourth quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $859,000 after buying an additional 327 shares during the period. Angeles Wealth Management LLC raised its holdings in iShares TIPS Bond ETF by 13,850.0% in the fourth quarter. Angeles Wealth Management LLC now owns 4,743 shares of the exchange traded fund’s stock valued at $510,000 after buying an additional 4,709 shares during the period. Finally, Rathbones Group PLC grew its stake in iShares TIPS Bond ETF by 21.9% during the fourth quarter. Rathbones Group PLC now owns 107,812 shares of the exchange traded fund’s stock worth $11,589,000 after buying an additional 19,348 shares during the period.

iShares TIPS Bond ETF Stock Up 0.2 %

iShares TIPS Bond ETF stock opened at $110.54 on Friday. The firm has a fifty day moving average of $108.99 and a 200-day moving average of $107.39. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $111.06. The firm has a market capitalization of $19.18 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).