1,233 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Bought by Matrix Trust Co

Matrix Trust Co bought a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,233 shares of the exchange traded fund’s stock, valued at approximately $133,000.

Several other large investors have also made changes to their positions in TIP. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $27,000. Trifecta Capital Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth about $27,000. Life Planning Partners Inc purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth about $30,000. Covestor Ltd purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter worth about $33,000. Finally, Sound Income Strategies LLC increased its position in shares of iShares TIPS Bond ETF by 108.7% during the fourth quarter. Sound Income Strategies LLC now owns 361 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 188 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP traded up $0.27 during midday trading on Friday, reaching $105.78. 1,382,555 shares of the company’s stock were exchanged, compared to its average volume of 2,184,771. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $110.47. The stock has a market capitalization of $18.57 billion, a PE ratio of 11.92 and a beta of 0.09. The business’s fifty day moving average price is $106.53 and its two-hundred day moving average price is $105.92.

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).