Clarity Wealth Development LLC Makes New $207,000 Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Clarity Wealth Development LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,918 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other hedge funds have also made changes to their positions in the business. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $26,000. Mainstream Capital Management LLC acquired a new position in iShares TIPS Bond ETF in the 4th quarter valued at $30,000. 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 lifted its stake in shares of iShares TIPS Bond ETF by 26.0% in 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, Washington Trust Advisors Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth $57,000.

iShares TIPS Bond ETF Stock Up 0.0 %

Shares of iShares TIPS Bond ETF stock opened at $109.45 on Tuesday. The firm has a market cap of $14.25 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The company’s 50-day simple moving average is $108.37 and its 200-day simple moving average is $108.52.

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).