Peak Financial Management Inc. Boosts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Peak Financial Management Inc. lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,670 shares of the exchange traded fund’s stock after purchasing an additional 227 shares during the period. iShares TIPS Bond ETF comprises about 1.1% of Peak Financial Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Peak Financial Management Inc.’s holdings in iShares TIPS Bond ETF were worth $3,720,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TIP. Colony Family Offices LLC boosted its stake in shares of iShares TIPS Bond ETF by 5.4% during the 1st quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 97 shares during the period. Citizens & Northern Corp boosted its stake in shares of iShares TIPS Bond ETF by 3.0% during the 2nd quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 102 shares during the period. TNF LLC boosted its stake in shares of iShares TIPS Bond ETF by 1.1% during the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after buying an additional 105 shares during the period. Regal Investment Advisors LLC boosted its stake in shares of iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the period. Finally, Private Ocean LLC boosted its stake in shares of iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares during the period.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:TIP traded up $0.12 during trading on Tuesday, reaching $109.49. 911,165 shares of the company traded hands, compared to its average volume of 1,916,004. The firm has a fifty day simple moving average of $109.52 and a 200 day simple moving average of $107.65. The firm has a market cap of $19.00 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $102.32 and a 1-year high of $111.06.

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).