Kestra Investment Management LLC Buys Shares of 423 iShares TIPS Bond ETF (NYSEARCA:TIP)

Kestra Investment Management LLC bought a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 423 shares of the exchange traded fund’s stock, valued at approximately $45,000.

Several other large investors also recently added to or reduced their stakes in TIP. GPS Wealth Strategies Group LLC grew its holdings in shares of 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 acquiring an additional 100 shares in the last quarter. FC Advisory LLC grew its holdings in shares of 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 acquiring an additional 110 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after acquiring an additional 117 shares in the last quarter. Cutter & CO Brokerage Inc. grew its holdings in shares of iShares TIPS Bond ETF by 2.4% during the 3rd quarter. Cutter & CO Brokerage Inc. now owns 5,467 shares of the exchange traded fund’s stock valued at $604,000 after acquiring an additional 126 shares in the last quarter. Finally, Colony Family Offices LLC grew its holdings in shares of 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 valued at $225,000 after acquiring an additional 133 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

iShares TIPS Bond ETF stock opened at $108.92 on Friday. The company’s fifty day simple moving average is $107.38 and its 200-day simple moving average is $108.41. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The stock has a market cap of $18.90 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).