Global Retirement Partners LLC Has $742,000 Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Global Retirement Partners LLC lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 45.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,720 shares of the exchange traded fund’s stock after selling 5,615 shares during the period. Global Retirement Partners LLC’s holdings in iShares TIPS Bond ETF were worth $742,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TIP. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Private Ocean LLC grew its stake in iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 116 shares during the period. Salem Investment Counselors Inc. acquired a new stake in iShares TIPS Bond ETF in the first quarter valued at approximately $36,000. Gradient Investments LLC grew its stake in iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 261 shares during the period. Finally, Hobbs Group Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the second quarter valued at approximately $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $109.36 on Monday. iShares TIPS Bond ETF has a 52 week low of $102.32 and a 52 week high of $111.06. The stock has a 50 day moving average price of $109.62 and a two-hundred day moving average price of $107.72. The stock has a market capitalization of $18.97 billion, a PE ratio of 11.86 and a beta of 0.09.

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).