Arkansas Financial Group Inc. Reduces Stake in iShares TIPS Bond ETF $TIP

Arkansas Financial Group Inc. cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 115,876 shares of the exchange traded fund’s stock after selling 28,894 shares during the period. iShares TIPS Bond ETF makes up 1.8% of Arkansas Financial Group Inc.’s portfolio, making the stock its 15th largest holding. Arkansas Financial Group Inc. owned about 0.09% of iShares TIPS Bond ETF worth $12,736,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TIP. Holos Integrated Wealth LLC purchased a new position in shares of iShares TIPS Bond ETF during the 4th quarter worth about $29,000. Root Financial Partners LLC purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at $33,000. Triumph Capital Management purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at $51,000. Optima Capital LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at $51,000. Finally, Signaturefd LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at $53,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Trading Up 0.2%

Shares of TIP opened at $111.57 on Friday. The firm has a market capitalization of $14.62 billion, a P/E ratio of 12.40 and a beta of 0.28. iShares TIPS Bond ETF has a 12-month low of $107.98 and a 12-month high of $112.26. The firm has a fifty day moving average price of $111.04 and a 200-day moving average price of $110.83.

iShares TIPS Bond ETF Company 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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.