Arkansas Financial Group Inc. Lowers Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Arkansas Financial Group Inc. cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,455 shares of the exchange traded fund’s stock after selling 28,994 shares during the period. iShares TIPS Bond ETF makes up about 3.3% of Arkansas Financial Group Inc.’s portfolio, making the stock its 8th biggest holding. Arkansas Financial Group Inc. owned approximately 0.11% of iShares TIPS Bond ETF worth $20,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $26,000. Eastern Bank bought a new position in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL boosted its position in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 204 shares during the period. Sound Income Strategies LLC grew its holdings in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the period.

iShares TIPS Bond ETF Trading Down 0.1 %

NYSEARCA TIP opened at $107.00 on Thursday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The firm has a market capitalization of $18.56 billion, a PE ratio of 11.86 and a beta of 0.09. The business’s 50-day moving average price is $107.38 and its two-hundred day moving average price is $108.31.

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).