Houlihan Financial Resource Group Ltd. Cuts Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Houlihan Financial Resource Group Ltd. trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,997 shares of the exchange traded fund’s stock after selling 175 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in iShares TIPS Bond ETF were worth $426,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Mainstream Capital Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth $30,000. Kestra Investment Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth $45,000. Runnymede Capital Advisors Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $47,000. Finally, GPS Wealth Strategies Group LLC boosted its position in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $109.82 on Tuesday. The stock’s fifty day moving average price is $108.73 and its 200 day moving average price is $108.55. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The company has a market cap of $14.30 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).