GPS Wealth Strategies Group LLC Increases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

GPS Wealth Strategies Group LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 484 shares of the exchange traded fund’s stock after acquiring an additional 100 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in iShares TIPS Bond ETF were worth $52,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Eastern Bank purchased a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $37,000. Strategic Investment Solutions Inc. IL raised its stake in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares during the last quarter. Sound Income Strategies LLC lifted its position in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 298 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $96,000. Finally, Tsfg LLC increased its holdings in shares of iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $108.26 on Tuesday. The stock has a fifty day moving average price of $107.39 and a 200 day moving average price of $108.34. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a market cap of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09.

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).