Stephens Inc. AR Has $624,000 Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stephens Inc. AR cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,852 shares of the exchange traded fund’s stock after selling 506 shares during the quarter. Stephens Inc. AR’s holdings in iShares TIPS Bond ETF were worth $624,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TIP. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $37,000. Strategic Investment Solutions Inc. IL boosted its stake in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its stake 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 acquiring an additional 100 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter worth $96,000. Finally, Centaurus Financial Inc. bought a new position in iShares TIPS Bond ETF during the third quarter worth $169,000.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of NYSEARCA TIP opened at $108.61 on Friday. The firm has a market cap of $18.84 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The company’s fifty day simple moving average is $107.37 and its 200 day simple moving average is $108.40.

iShares TIPS Bond ETF 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).