Golden Bell Financial Planning LLC Acquires New Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Golden Bell Financial Planning LLC purchased a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, HoldingsChannel reports. The firm purchased 21,600 shares of the exchange traded fund’s stock, valued at approximately $2,302,000. iShares TIPS Bond ETF accounts for about 2.3% of Golden Bell Financial Planning LLC’s portfolio, making the stock its 12th biggest holding.

Other hedge funds also recently modified their holdings of the company. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Kestra Investment Management LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth $45,000. GPS Wealth Strategies Group LLC raised its stake in shares of 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 purchasing an additional 100 shares during the period. Centricity Wealth Management LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $82,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth $96,000.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $108.92 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The stock’s 50-day simple moving average is $107.40 and its 200 day simple moving average is $108.41. The stock has a market capitalization of $18.90 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).