KMG Fiduciary Partners LLC Buys 5,378 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

KMG Fiduciary Partners LLC boosted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 21,394 shares of the exchange traded fund’s stock after purchasing an additional 5,378 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in iShares TIPS Bond ETF were worth $2,280,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Tsfg LLC boosted its holdings in 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 acquiring an additional 93 shares in the last quarter. Regal Investment Advisors LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares in the last quarter. First United Bank & Trust boosted its holdings in shares of iShares TIPS Bond ETF by 3.2% during the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares in the last quarter. FC Advisory LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 110 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of TIP stock opened at $107.14 on Friday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The stock has a market cap of $18.59 billion, a PE ratio of 11.86 and a beta of 0.09. The company’s fifty day moving average price is $107.47 and its 200-day moving average price is $108.28.

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).