Gray Wealth Management Inc. Has $4.55 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Gray Wealth Management Inc. increased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,675 shares of the exchange traded fund’s stock after acquiring an additional 1,348 shares during the quarter. iShares TIPS Bond ETF comprises 1.7% of Gray Wealth Management Inc.’s holdings, making the stock its 15th largest holding. Gray Wealth Management Inc.’s holdings in iShares TIPS Bond ETF were worth $4,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares TIPS Bond ETF by 26.0% in the 4th 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. FC Advisory LLC boosted its position in iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 110 shares during the last quarter. Colony Family Offices LLC grew its holdings in iShares TIPS Bond ETF by 7.0% during the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 133 shares during the period. TI Trust Inc. raised its position in shares of iShares TIPS Bond ETF by 0.7% in the 4th 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. Finally, Jacobi Capital Management LLC lifted its stake in shares of iShares TIPS Bond ETF by 1.4% in the 4th quarter. Jacobi Capital Management LLC now owns 10,785 shares of the exchange traded fund’s stock valued at $1,149,000 after purchasing an additional 151 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $109.42 on Monday. The stock has a market capitalization of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28. The business has a 50 day simple moving average of $108.31 and a 200 day simple moving average of $108.52. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06.

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).