Sage Financial Group Inc. Buys 6,594 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sage Financial Group Inc. boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,250 shares of the exchange traded fund’s stock after acquiring an additional 6,594 shares during the period. Sage Financial Group Inc.’s holdings in iShares TIPS Bond ETF were worth $3,144,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TIP. Deane Retirement Strategies Inc. bought a new position in iShares TIPS Bond ETF during the fourth quarter valued at $7,533,000. Professional Financial Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 4th quarter valued at $232,000. First National Corp MA ADV grew its position in iShares TIPS Bond ETF by 75.1% in the 4th quarter. First National Corp MA ADV now owns 7,139 shares of the exchange traded fund’s stock valued at $767,000 after acquiring an additional 3,061 shares in the last quarter. Planned Solutions Inc. purchased a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $875,000. Finally, IFG Advisory LLC lifted its stake in iShares TIPS Bond ETF by 24.2% in the fourth quarter. IFG Advisory LLC now owns 6,057 shares of the exchange traded fund’s stock valued at $651,000 after buying an additional 1,180 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of TIP stock traded up $0.13 during mid-day trading on Thursday, reaching $107.50. The stock had a trading volume of 762,491 shares, compared to its average volume of 2,124,827. The business has a 50-day simple moving average of $106.75 and a 200 day simple moving average of $105.59. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $111.26.

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).