Csenge Advisory Group Raises Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Csenge Advisory Group increased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 67.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,121 shares of the exchange traded fund’s stock after purchasing an additional 4,469 shares during the period. Csenge Advisory Group’s holdings in iShares TIPS Bond ETF were worth $1,185,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF in the third quarter worth $37,000. Strategic Investment Solutions Inc. IL increased its stake in shares of 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 worth $45,000 after buying an additional 204 shares during the period. GPS Wealth Strategies Group LLC increased its position in iShares TIPS Bond ETF by 26.0% during 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 period. Eagle Bay Advisors LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter valued at $96,000. Finally, Centaurus Financial Inc. purchased a new position in iShares TIPS Bond ETF during the 3rd quarter valued at $169,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $108.61 on Monday. The company’s fifty day simple moving average is $107.37 and its two-hundred day simple moving average is $108.41. The company has a market cap of $18.84 billion, a P/E 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.

About iShares TIPS Bond ETF

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).