Madden Advisory Services Inc. Has $1.21 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Madden Advisory Services Inc. grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,365 shares of the exchange traded fund’s stock after purchasing an additional 335 shares during the quarter. Madden Advisory Services Inc.’s holdings in iShares TIPS Bond ETF were worth $1,211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TIP. Kohmann Bosshard Financial Services LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter worth about $26,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $30,000. Biltmore Family Office LLC bought a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $32,000. Kestra Investment Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $45,000. Finally, Runnymede Capital Advisors Inc. bought a new stake in iShares TIPS Bond ETF in the 4th quarter valued at $47,000.

iShares TIPS Bond ETF Stock Up 0.0 %

iShares TIPS Bond ETF stock opened at $107.97 on Monday. The company’s 50-day moving average price is $109.44 and its two-hundred day moving average price is $108.50. The stock has a market cap of $14.15 billion, a P/E ratio of 12.43 and a beta of 0.29. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.51.

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).