Proficio Capital Partners LLC Buys 207,934 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Proficio Capital Partners LLC lifted its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 10,555.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 209,904 shares of the exchange traded fund’s stock after buying an additional 207,934 shares during the quarter. Proficio Capital Partners LLC owned about 0.12% of iShares TIPS Bond ETF worth $210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 100 shares in the last quarter. FC Advisory LLC increased its position in iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares during the period. Colony Family Offices LLC raised its stake in iShares TIPS Bond ETF by 7.0% in the 3rd quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 133 shares in the last quarter. TI Trust Inc. boosted its holdings in iShares TIPS Bond ETF by 0.7% in the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after purchasing an additional 147 shares during the period. Finally, First United Bank & Trust grew its position in shares of iShares TIPS Bond ETF by 4.7% during the 4th quarter. First United Bank & Trust now owns 3,620 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 162 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of TIP opened at $109.52 on Thursday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The firm’s 50 day moving average is $108.20 and its 200-day moving average is $108.52. The stock has a market capitalization of $14.02 billion, a PE ratio of 12.25 and a beta of 0.26.

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).