GPS Wealth Strategies Group LLC Boosts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

GPS Wealth Strategies Group LLC grew its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 484 shares of the exchange traded fund’s stock after buying an additional 100 shares during the period. GPS Wealth Strategies Group LLC’s holdings in iShares TIPS Bond ETF were worth $52,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. GenTrust LLC increased its position in iShares TIPS Bond ETF by 0.9% during the 3rd quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock worth $21,670,000 after purchasing an additional 1,804 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares during the last quarter. Curran Financial Partners LLC lifted its stake in shares of iShares TIPS Bond ETF by 0.8% during the third quarter. Curran Financial Partners LLC now owns 18,377 shares of the exchange traded fund’s stock valued at $2,030,000 after buying an additional 145 shares during the period. Finally, Merit Financial Group LLC boosted its position in iShares TIPS Bond ETF by 167.4% during the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after acquiring an additional 3,183 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

TIP stock opened at $108.26 on Tuesday. The stock has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s fifty day simple moving average is $107.39 and its 200-day simple moving average is $108.34. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week 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).