Arkansas Financial Group Inc. Sells 5,654 Shares of iShares TIPS Bond ETF $TIP

Arkansas Financial Group Inc. cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,064 shares of the exchange traded fund’s stock after selling 5,654 shares during the quarter. iShares TIPS Bond ETF makes up about 2.6% of Arkansas Financial Group Inc.’s holdings, making the stock its 9th biggest position. Arkansas Financial Group Inc. owned about 0.12% of iShares TIPS Bond ETF worth $16,922,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in iShares TIPS Bond ETF by 7.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,161,741 shares of the exchange traded fund’s stock valued at $240,148,000 after buying an additional 141,703 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in iShares TIPS Bond ETF by 10.0% in the 1st quarter. Sumitomo Life Insurance Co. now owns 1,607,733 shares of the exchange traded fund’s stock valued at $178,603,000 after buying an additional 145,987 shares during the last quarter. 3EDGE Asset Management LP grew its stake in iShares TIPS Bond ETF by 96.5% in the 1st quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock valued at $173,431,000 after buying an additional 766,851 shares during the last quarter. LPL Financial LLC grew its stake in iShares TIPS Bond ETF by 3.2% in the 1st quarter. LPL Financial LLC now owns 1,138,764 shares of the exchange traded fund’s stock valued at $126,505,000 after buying an additional 34,866 shares during the last quarter. Finally, Partners Capital Investment Group LLP grew its position in iShares TIPS Bond ETF by 80.5% in the 1st quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock worth $113,756,000 after purchasing an additional 456,633 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $111.09 on Friday. The firm has a market capitalization of $13.84 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. The company’s fifty day moving average is $110.70 and its two-hundred day moving average is $109.75. iShares TIPS Bond ETF has a 52-week low of $106.04 and a 52-week high of $112.26.

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).