Sage Financial Group Inc. Acquires 6,594 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sage Financial Group Inc. grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,250 shares of the exchange traded fund’s stock after buying an additional 6,594 shares during the period. Sage Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $3,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TIP. Meritas Wealth Management LLC increased its position in shares of iShares TIPS Bond ETF by 1.8% during the third quarter. Meritas Wealth Management LLC now owns 5,658 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 100 shares in the last quarter. Bragg Financial Advisors Inc raised its position in shares of iShares TIPS Bond ETF by 0.6% in the 4th quarter. Bragg Financial Advisors Inc now owns 17,600 shares of the exchange traded fund’s stock worth $1,873,000 after buying an additional 101 shares during the period. Cedar Brook Financial Partners LLC raised its position in iShares TIPS Bond ETF by 0.8% in the third quarter. Cedar Brook Financial Partners LLC now owns 12,742 shares of the exchange traded fund’s stock valued at $1,322,000 after purchasing an additional 101 shares during the period. Gradient Investments LLC grew its stake in iShares TIPS Bond ETF by 15.6% in the third quarter. Gradient Investments LLC now owns 763 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 103 shares in the last quarter. Finally, AlphaCore Capital LLC boosted its stake in iShares TIPS Bond ETF by 5.9% in the third quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock valued at $193,000 after acquiring an additional 103 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded up $0.13 during trading on Thursday, hitting $107.50. The company had a trading volume of 762,491 shares, compared to its average volume of 2,124,827. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $111.26. The business’s 50-day moving average is $106.75 and its 200 day moving average is $105.59.

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).