Tranquilli Financial Advisor LLC Purchases 269 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Tranquilli Financial Advisor LLC boosted its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,932 shares of the exchange traded fund’s stock after purchasing an additional 269 shares during the quarter. Tranquilli Financial Advisor LLC’s holdings in iShares TIPS Bond ETF were worth $526,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Alliance Wealth Advisors LLC UT lifted its holdings in shares of iShares TIPS Bond ETF by 58.9% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 57,455 shares of the exchange traded fund’s stock valued at $6,122,000 after purchasing an additional 21,297 shares during the last quarter. Marshall Financial Group Inc. ADV boosted its position in shares of iShares TIPS Bond ETF by 6.6% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 10,424 shares of the exchange traded fund’s stock worth $1,111,000 after purchasing an additional 641 shares during the period. EQ Wealth Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $336,000. Graham Capital Wealth Management LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $252,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 100 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP stock opened at $108.26 on Tuesday. The firm has a 50-day moving average price of $107.39 and a 200 day moving average price of $108.34. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The company has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).