Centaurus Financial Inc. Invests $169,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Centaurus Financial Inc. bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,530 shares of the exchange traded fund’s stock, valued at approximately $169,000.

A number of other large investors have also added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at about $26,000. Private Ocean LLC raised its stake in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 116 shares in the last quarter. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $37,000. Gradient Investments LLC lifted its holdings in shares of iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at $40,000.

iShares TIPS Bond ETF Stock Up 0.3 %

Shares of NYSEARCA:TIP opened at $108.45 on Thursday. The stock has a market cap of $18.82 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average is $108.90 and its 200 day moving average is $108.13. iShares TIPS Bond ETF has a 52 week low of $104.36 and a 52 week 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).