Legacy Financial Group LLC Has $671,000 Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Legacy Financial Group LLC decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 41.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,295 shares of the exchange traded fund’s stock after selling 4,506 shares during the period. Legacy Financial Group LLC’s holdings in iShares TIPS Bond ETF were worth $671,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TIP. William B. Walkup & Associates Inc. bought a new stake in iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL raised its stake in iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 204 shares during the period. Sound Income Strategies LLC raised its stake in iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 298 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in iShares TIPS Bond ETF in the fourth quarter valued at approximately $96,000.

iShares TIPS Bond ETF Stock Up 0.2 %

NYSEARCA:TIP opened at $107.43 on Monday. The firm has a market capitalization of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The stock’s 50 day moving average price is $107.38 and its two-hundred day moving average price is $108.31.

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).