PFG Advisors Has $404,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

PFG Advisors decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,795 shares of the exchange traded fund’s stock after selling 984 shares during the quarter. PFG Advisors’ holdings in iShares TIPS Bond ETF were worth $404,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TIP. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth $26,000. Mainstream Capital Management LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at $30,000. Kestra Investment Management LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at $45,000. GPS Wealth Strategies Group LLC grew its stake in 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 buying an additional 100 shares during the last quarter. Finally, Washington Trust Advisors Inc. acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at $57,000.

iShares TIPS Bond ETF Trading Down 0.2 %

NYSEARCA:TIP opened at $109.42 on Friday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The firm’s fifty day simple moving average is $108.31 and its 200 day simple moving average is $108.53. The firm has a market capitalization of $14.25 billion, a PE ratio of 12.32 and a beta of 0.28.

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).