Clarity Wealth Development LLC Acquires Shares of 1,918 iShares TIPS Bond ETF (NYSEARCA:TIP)

Clarity Wealth Development LLC bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,918 shares of the exchange traded fund’s stock, valued at approximately $207,000.

A number of other large investors have also modified their holdings of TIP. GPS Wealth Strategies Group LLC grew its holdings 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 in the last quarter. FC Advisory LLC grew its stake in iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 110 shares in the last quarter. Colony Family Offices LLC increased its holdings in iShares TIPS Bond ETF by 7.0% during the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 133 shares during the last quarter. TI Trust Inc. grew its position in shares of iShares TIPS Bond ETF by 0.7% during the fourth quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after buying an additional 147 shares in the last quarter. Finally, Jacobi Capital Management LLC increased its stake in shares of iShares TIPS Bond ETF by 1.4% in the fourth quarter. Jacobi Capital Management LLC now owns 10,785 shares of the exchange traded fund’s stock worth $1,149,000 after buying an additional 151 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $109.45 on Tuesday. The firm has a fifty day moving average of $108.37 and a two-hundred day moving average of $108.52. The firm has a market cap of $14.25 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year 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).