Creative Financial Designs Inc. ADV Acquires 286 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Creative Financial Designs Inc. ADV lifted its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,433 shares of the exchange traded fund’s stock after purchasing an additional 286 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares TIPS Bond ETF were worth $379,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $26,000. Private Ocean LLC boosted its stake in iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. Eastern Bank acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Gradient Investments LLC boosted its stake in iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $40,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $107.76 on Friday. The stock’s fifty day simple moving average is $109.54 and its 200 day simple moving average is $107.86. The firm has a market cap of $18.70 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $103.19 and a one year high of $111.06.

iShares TIPS Bond ETF Company 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).