Diversify Wealth Management LLC Acquires 1,700 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Diversify Wealth Management LLC increased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,181 shares of the exchange traded fund’s stock after buying an additional 1,700 shares during the period. Diversify Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of TIP. Tsfg LLC raised its position in shares of iShares TIPS Bond ETF by 8.3% in the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after acquiring an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC grew its stake in iShares TIPS Bond ETF by 0.6% in the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 100 shares during the last quarter. Regal Investment Advisors LLC raised its holdings in iShares TIPS Bond ETF by 2.0% in the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock worth $588,000 after purchasing an additional 108 shares in the last quarter. First United Bank & Trust lifted its position in shares of iShares TIPS Bond ETF by 3.2% during the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares during the last quarter. Finally, FC Advisory LLC grew its position in shares of iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after buying an additional 110 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

NYSEARCA TIP opened at $107.26 on Wednesday. The firm has a market cap of $18.61 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The company has a 50 day moving average price of $107.39 and a 200 day moving average price of $108.31.

About iShares TIPS Bond ETF

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).