Readystate Asset Management LP Takes Position in iShares TIPS Bond ETF $TIP

Readystate Asset Management LP acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 90,000 shares of the exchange traded fund’s stock, valued at approximately $10,010,000. Readystate Asset Management LP owned about 0.07% of iShares TIPS Bond ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Gould Asset Management LLC CA boosted its position in shares of iShares TIPS Bond ETF by 1.1% during the third quarter. Gould Asset Management LLC CA now owns 8,262 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 90 shares during the last quarter. Daymark Wealth Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 1.3% during the second quarter. Daymark Wealth Partners LLC now owns 6,946 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 92 shares during the last quarter. Fiducient Advisors LLC lifted its position in iShares TIPS Bond ETF by 0.7% during the second quarter. Fiducient Advisors LLC now owns 13,725 shares of the exchange traded fund’s stock valued at $1,510,000 after purchasing an additional 92 shares during the period. WealthShield Partners LLC lifted its position in iShares TIPS Bond ETF by 5.2% during the second quarter. WealthShield Partners LLC now owns 2,006 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 99 shares during the period. Finally, BOS Asset Management LLC grew its position in iShares TIPS Bond ETF by 1.0% in the 3rd quarter. BOS Asset Management LLC now owns 10,082 shares of the exchange traded fund’s stock worth $1,121,000 after purchasing an additional 103 shares during the period. Hedge funds and other institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of TIP opened at $111.23 on Wednesday. The firm has a fifty day simple moving average of $110.32 and a two-hundred day simple moving average of $110.81. The firm has a market cap of $13.94 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1-year low of $106.47 and a 1-year high of $112.26.

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.