RTD Financial Advisors Inc. Has $13.67 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

RTD Financial Advisors Inc. lifted its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% during the third quarter, Holdings Channel reports. The fund owned 123,706 shares of the exchange traded fund’s stock after acquiring an additional 6,541 shares during the quarter. iShares TIPS Bond ETF accounts for 1.7% of RTD Financial Advisors Inc.’s holdings, making the stock its 17th largest position. RTD Financial Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $13,666,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new position in iShares TIPS Bond ETF in the 2nd quarter worth $26,000. Private Ocean LLC lifted its holdings in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares during the last quarter. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at approximately $37,000. Gradient Investments LLC grew its stake in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC acquired a new position in iShares TIPS Bond ETF during the 2nd quarter valued at $40,000.

iShares TIPS Bond ETF Trading Down 0.6 %

TIP stock traded down $0.61 during trading on Wednesday, reaching $107.43. 193,620 shares of the stock were exchanged, compared to its average volume of 1,929,018. The company has a market capitalization of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a 50 day simple moving average of $109.48 and a 200-day simple moving average of $107.90. iShares TIPS Bond ETF has a twelve month low of $103.19 and a twelve month high of $111.06.

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).