Centricity Wealth Management LLC Invests $82,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Centricity Wealth Management LLC acquired a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 770 shares of the exchange traded fund’s stock, valued at approximately $82,000.

Several other large investors also recently added to or reduced their stakes in the business. Eastern Bank purchased a new stake in iShares TIPS Bond ETF in the third quarter worth about $37,000. Strategic Investment Solutions Inc. IL increased its holdings in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares in the last quarter. Kestra Investment Management LLC bought a new stake in iShares TIPS Bond ETF during the 4th quarter worth approximately $45,000. GPS Wealth Strategies Group LLC raised its stake in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $96,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $108.92 on Friday. The stock has a market cap of $18.90 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The firm has a fifty day moving average price of $107.38 and a 200-day moving average price of $108.41.

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).