Dorsey Wright & Associates Makes New $694,000 Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Dorsey Wright & Associates acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,513 shares of the exchange traded fund’s stock, valued at approximately $694,000.

Several other hedge funds also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $30,000. Kestra Investment Management LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $45,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $47,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings 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 valued at $52,000 after purchasing an additional 100 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.5 %

Shares of TIP opened at $110.65 on Friday. The business’s 50-day moving average price is $108.99 and its 200 day moving average price is $108.57. The stock has a market capitalization of $14.41 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

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).