Sterling Financial Planning Inc. Has $2.66 Million Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Sterling Financial Planning Inc. raised its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 70.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,000 shares of the exchange traded fund’s stock after acquiring an additional 10,345 shares during the period. Sterling Financial Planning Inc.’s holdings in iShares TIPS Bond ETF were worth $2,664,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of TIP. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares TIPS Bond ETF in the 3rd quarter valued at about $335,000. Eastern Bank bought a new position in iShares TIPS Bond ETF in the third quarter valued at approximately $37,000. International Assets Investment Management LLC raised its position in 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 valued at $44,412,000 after purchasing an additional 398,292 shares in the last quarter. JMG Financial Group Ltd. lifted its stake in iShares TIPS Bond ETF by 17.1% during the third quarter. JMG Financial Group Ltd. now owns 3,822 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 559 shares during the last quarter. Finally, Impact Partnership Wealth LLC boosted its holdings in shares of iShares TIPS Bond ETF by 27.0% in the 3rd quarter. Impact Partnership Wealth LLC now owns 36,799 shares of the exchange traded fund’s stock valued at $4,065,000 after purchasing an additional 7,813 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $108.48 on Thursday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The stock has a market capitalization of $18.82 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a fifty day moving average of $107.36 and a 200-day moving average of $108.41.

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).