Pekin Hardy Strauss Inc. Acquires 296 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Pekin Hardy Strauss Inc. grew its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.2% during the second quarter, Holdings Channel.com reports. The firm owned 4,396 shares of the exchange traded fund’s stock after acquiring an additional 296 shares during the period. Pekin Hardy Strauss Inc.’s holdings in iShares TIPS Bond ETF were worth $469,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Summit Financial Strategies Inc. increased its holdings in shares of iShares TIPS Bond ETF by 35.3% in the fourth quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 797 shares in the last quarter. Inscription Capital LLC increased its stake in shares of iShares TIPS Bond ETF by 78.9% in the 1st quarter. Inscription Capital LLC now owns 7,315 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 3,225 shares during the period. Kingfisher Capital LLC increased its stake in shares of iShares TIPS Bond ETF by 4.3% in the 4th quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $859,000 after buying an additional 327 shares during the period. Clear Investment Research LLC raised its position in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock worth $570,000 after acquiring an additional 103 shares during the last quarter. Finally, Angeles Wealth Management LLC lifted its stake in shares of iShares TIPS Bond ETF by 13,850.0% during the fourth quarter. Angeles Wealth Management LLC now owns 4,743 shares of the exchange traded fund’s stock valued at $510,000 after acquiring an additional 4,709 shares during the period.

iShares TIPS Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:TIP opened at $110.78 on Wednesday. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.91. The stock has a market capitalization of $19.22 billion, a P/E ratio of 11.86 and a beta of 0.09. The business has a 50-day moving average price of $108.57 and a two-hundred day moving average price of $107.24.

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).