Ausdal Financial Partners Inc. Invests $2.08 Million in iShares TIPS Bond ETF (NYSEARCA:TIP)

Ausdal Financial Partners Inc. purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,561 shares of the exchange traded fund’s stock, valued at approximately $2,084,000.

Several other institutional investors also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. raised its stake in shares of iShares TIPS Bond ETF by 8.0% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 13,427 shares of the exchange traded fund’s stock valued at $1,431,000 after acquiring an additional 995 shares during the period. Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth about $95,000. PKS Advisory Services LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth about $3,124,000. First American Trust FSB grew its stake in shares of iShares TIPS Bond ETF by 26.7% in the fourth quarter. First American Trust FSB now owns 12,436 shares of the exchange traded fund’s stock valued at $1,325,000 after buying an additional 2,619 shares in the last quarter. Finally, TIAA Trust National Association grew its stake in shares of iShares TIPS Bond ETF by 1.0% in the fourth quarter. TIAA Trust National Association now owns 96,807 shares of the exchange traded fund’s stock valued at $10,315,000 after buying an additional 925 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

NYSEARCA TIP opened at $110.00 on Wednesday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The business has a 50 day moving average price of $108.81 and a two-hundred day moving average price of $108.56. The stock has a market cap of $14.32 billion, a PE ratio of 12.32 and a beta of 0.28.

About iShares TIPS Bond ETF

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).