Diversify Advisory Services LLC Purchases New Shares in iShares TIPS Bond ETF (NYSEARCA:TIP)

Diversify Advisory Services LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,912 shares of the exchange traded fund’s stock, valued at approximately $737,000.

Other hedge funds have also recently bought and sold shares of the company. Stephenson & Company Inc. lifted its position in shares of iShares TIPS Bond ETF by 10.7% during the 1st quarter. Stephenson & Company Inc. now owns 25,622 shares of the exchange traded fund’s stock worth $2,752,000 after buying an additional 2,471 shares in the last quarter. Hartline Investment Corp purchased a new stake in shares of iShares TIPS Bond ETF during the first quarter valued at approximately $399,000. North Star Investment Management Corp. lifted its holdings in iShares TIPS Bond ETF by 10.5% during the first quarter. North Star Investment Management Corp. now owns 2,627 shares of the exchange traded fund’s stock worth $282,000 after acquiring an additional 249 shares during the period. Norden Group LLC purchased a new position in iShares TIPS Bond ETF in the first quarter worth $258,000. Finally, JMG Financial Group Ltd. grew its stake in iShares TIPS Bond ETF by 35.3% in the 1st quarter. JMG Financial Group Ltd. now owns 3,271 shares of the exchange traded fund’s stock valued at $351,000 after purchasing an additional 853 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $107.02 on Friday. The firm has a market cap of $18.57 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $108.54. The stock has a fifty day moving average price of $106.45 and a 200-day moving average price of $106.66.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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