iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by Sage Financial Group Inc.

Sage Financial Group Inc. raised its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,880 shares of the exchange traded fund’s stock after acquiring an additional 7,549 shares during the quarter. Sage Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $4,036,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Eastern Bank purchased a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $37,000. Strategic Investment Solutions Inc. IL lifted its position in iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC boosted its holdings in iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 298 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $96,000. Finally, Tsfg LLC raised its stake in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 93 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $107.82 on Thursday. The stock’s 50 day moving average price is $107.38 and its 200 day moving average price is $108.33. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a market cap of $18.71 billion, a PE 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).