Global Retirement Partners LLC Boosts Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Global Retirement Partners LLC lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 49.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,040 shares of the exchange traded fund’s stock after buying an additional 3,320 shares during the period. Global Retirement Partners LLC’s holdings in iShares TIPS Bond ETF were worth $1,070,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its stake in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. grew its holdings in shares of iShares TIPS Bond ETF by 58.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the last quarter. International Assets Investment Management LLC raised its position in iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the period. SG Americas Securities LLC lifted its stake in iShares TIPS Bond ETF by 25,645.3% in the fourth quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock worth $29,187,000 after purchasing an additional 272,866 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at about $18,602,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:TIP opened at $108.92 on Friday. The stock has a market capitalization of $18.90 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock’s 50-day moving average price is $107.38 and its 200-day moving average price is $108.41. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).