Magnus Financial Group LLC Has $2.42 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Magnus Financial Group LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 60.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,722 shares of the exchange traded fund’s stock after acquiring an additional 7,019 shares during the period. Magnus Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $2,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. JFS Wealth Advisors LLC increased its stake in shares of iShares TIPS Bond ETF by 2.7% during the 4th quarter. JFS Wealth Advisors LLC now owns 3,171 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 84 shares during the last quarter. Headinvest LLC boosted its holdings in iShares TIPS Bond ETF by 2.0% in the 3rd quarter. Headinvest LLC now owns 5,121 shares of the exchange traded fund’s stock worth $654,000 after buying an additional 99 shares during the period. Meridian Wealth Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 1.0% in the 3rd quarter. Meridian Wealth Advisors LLC now owns 10,774 shares of the exchange traded fund’s stock worth $1,376,000 after buying an additional 105 shares during the period. Wolff Wiese Magana LLC boosted its holdings in iShares TIPS Bond ETF by 65.8% in the 4th quarter. Wolff Wiese Magana LLC now owns 267 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 106 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in iShares TIPS Bond ETF by 4.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 2,315 shares of the exchange traded fund’s stock worth $296,000 after buying an additional 108 shares during the period.

TIP traded up $0.61 on Friday, hitting $118.71. The company’s stock had a trading volume of 4,551,813 shares, compared to its average volume of 6,442,622. The company’s 50 day simple moving average is $122.72 and its 200-day simple moving average is $125.74. iShares TIPS Bond ETF has a 12 month low of $117.02 and a 12 month high of $131.37.

iShares TIPS Bond ETF Company Profile (Get Rating)

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).

See Also

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

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