Verus Capital Partners LLC Has $819,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Verus Capital Partners LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,685 shares of the exchange traded fund’s stock after selling 1,053 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares TIPS Bond ETF were worth $819,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted its position in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares in the last quarter. FC Advisory LLC raised its stake in iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after buying an additional 110 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in 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 worth $733,000 after acquiring an additional 117 shares in the last quarter. Colony Family Offices LLC grew its stake in iShares TIPS Bond ETF by 7.0% in the third quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock valued at $225,000 after acquiring an additional 133 shares during the period. Finally, TI Trust Inc. increased its holdings in shares of iShares TIPS Bond ETF by 0.7% in the fourth quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after acquiring an additional 147 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $110.34 on Friday. The business’s 50-day simple moving average is $107.67 and its 200-day simple moving average is $108.47. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The stock has a market capitalization of $14.12 billion, a PE ratio of 12.25 and a beta of 0.26.

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).