iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Purchased by Sage Financial Group Inc.

Sage Financial Group Inc. raised its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,880 shares of the exchange traded fund’s stock after buying an additional 7,549 shares during the period. Sage Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $4,036,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Eastern Bank purchased a new stake in iShares TIPS Bond ETF during the third quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL raised its holdings in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 298 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at $96,000. Finally, Tsfg LLC grew its position in shares of iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after buying an additional 93 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $107.82 on Thursday. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The stock has a market cap of $18.71 billion, a PE ratio of 11.86 and a beta of 0.09. The firm has a fifty day moving average price of $107.38 and a 200 day moving average price of $108.33.

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).