Sterling Financial Planning Inc. Purchases 1,094 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sterling Financial Planning Inc. raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,587 shares of the exchange traded fund’s stock after acquiring an additional 1,094 shares during the period. Sterling Financial Planning Inc.’s holdings in iShares TIPS Bond ETF were worth $1,890,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of TIP. Roundview Capital LLC grew its stake in shares of iShares TIPS Bond ETF by 2.2% in the first quarter. Roundview Capital LLC now owns 17,627 shares of the exchange traded fund’s stock worth $2,196,000 after acquiring an additional 379 shares during the last quarter. Synovus Financial Corp boosted its position in shares of iShares TIPS Bond ETF by 20.0% during the first quarter. Synovus Financial Corp now owns 10,650 shares of the exchange traded fund’s stock valued at $1,325,000 after buying an additional 1,778 shares during the last quarter. Prudential PLC purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter valued at $1,619,000. Mather Group LLC. purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter valued at $236,000. Finally, Laurel Wealth Advisors Inc. boosted its position in shares of iShares TIPS Bond ETF by 30.6% during the first quarter. Laurel Wealth Advisors Inc. now owns 20,907 shares of the exchange traded fund’s stock valued at $2,604,000 after buying an additional 4,893 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock traded down $0.14 during trading on Thursday, hitting $105.62. 1,491,909 shares of the company’s stock traded hands, compared to its average volume of 2,212,090. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $110.88. The stock has a market capitalization of $18.55 billion, a P/E ratio of 11.92 and a beta of 0.09. The business has a 50-day simple moving average of $106.60 and a 200-day simple moving average of $105.79.

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).