Creative Financial Designs Inc. ADV Decreases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Creative Financial Designs Inc. ADV cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 69.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,041 shares of the exchange traded fund’s stock after selling 2,392 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares TIPS Bond ETF were worth $111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of TIP. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Mainstream Capital Management LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $30,000. Kestra Investment Management LLC bought a new stake in iShares TIPS Bond ETF in the 4th quarter worth $45,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the period. Finally, Washington Trust Advisors Inc. bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $57,000.

iShares TIPS Bond ETF Trading Up 0.1 %

iShares TIPS Bond ETF stock opened at $110.23 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The firm has a market cap of $14.35 billion, a P/E ratio of 12.32 and a beta of 0.28. The firm has a 50-day moving average of $108.58 and a 200-day moving average of $108.55.

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).