Global Retirement Partners LLC Raises Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Global Retirement Partners LLC raised its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 49.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,040 shares of the exchange traded fund’s stock after purchasing an additional 3,320 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares TIPS Bond ETF were worth $1,070,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF during the third quarter valued at about $37,000. Strategic Investment Solutions Inc. IL increased its holdings in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares during the period. Kestra Investment Management LLC bought a new position in iShares TIPS Bond ETF during the 4th quarter valued at approximately $45,000. GPS Wealth Strategies Group LLC lifted its holdings 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 worth $52,000 after buying an additional 100 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $96,000.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $108.92 on Friday. The business has a 50 day moving average of $107.38 and a 200 day moving average of $108.41. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The company has a market cap of $18.90 billion, a PE ratio of 11.86 and a beta of 0.09.

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).