Perella Weinberg Partners Capital Management LP Makes New $6.54 Million Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Perella Weinberg Partners Capital Management LP bought a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 56,650 shares of the exchange traded fund’s stock, valued at approximately $6,543,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sullivan Bruyette Speros & Blaney LLC increased its position in iShares TIPS Bond ETF by 1.8% during the 1st quarter. Sullivan Bruyette Speros & Blaney LLC now owns 5,703 shares of the exchange traded fund’s stock worth $645,000 after purchasing an additional 99 shares during the period. Cadinha & Co. LLC increased its position in iShares TIPS Bond ETF by 1.0% during the 1st quarter. Cadinha & Co. LLC now owns 10,531 shares of the exchange traded fund’s stock worth $1,191,000 after purchasing an additional 100 shares during the period. Wealth & Pension Services Group Inc. increased its position in iShares TIPS Bond ETF by 2.0% during the 1st quarter. Wealth & Pension Services Group Inc. now owns 5,103 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 100 shares during the period. Gradient Investments LLC increased its position in iShares TIPS Bond ETF by 10.4% during the 2nd quarter. Gradient Investments LLC now owns 1,137 shares of the exchange traded fund’s stock worth $131,000 after purchasing an additional 107 shares during the period. Finally, Raymond James Trust N.A. increased its position in iShares TIPS Bond ETF by 0.6% during the 1st quarter. Raymond James Trust N.A. now owns 22,827 shares of the exchange traded fund’s stock worth $2,581,000 after purchasing an additional 129 shares during the period.

Shares of TIP traded down $0.09 on Friday, reaching $115.30. The stock had a trading volume of 1,521,054 shares, compared to its average volume of 1,259,764. The company’s 50-day moving average is $114.99. iShares TIPS Bond ETF has a twelve month low of $107.53 and a twelve month high of $115.97.

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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