OFC Financial Planning LLC Takes Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

OFC Financial Planning LLC acquired a new position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,900 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tsfg LLC boosted its stake in shares of iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after acquiring an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC raised its holdings in iShares TIPS Bond ETF by 0.6% during the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after purchasing an additional 100 shares during the last quarter. First United Bank & Trust boosted its position in iShares TIPS Bond ETF by 3.2% during the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 108 shares in the last quarter. FC Advisory LLC grew its holdings in iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 110 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

NYSEARCA:TIP opened at $108.01 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The stock has a fifty day simple moving average of $107.39 and a 200-day simple moving average of $108.33. The company has a market capitalization of $18.74 billion, a PE 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).