Stratos Wealth Advisors LLC Decreases Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Stratos Wealth Advisors LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.6% in the 4th quarter, Holdings Channel reports. The fund owned 9,348 shares of the exchange traded fund’s stock after selling 352 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $996,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Tsfg LLC grew its holdings in iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC boosted its position in iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in 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 valued at $52,000 after buying an additional 100 shares during the last quarter. First United Bank & Trust grew its stake 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 acquiring an additional 108 shares in the last quarter. Finally, FC Advisory LLC increased its position in shares of 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 last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.73 on Friday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The business’s 50-day simple moving average is $107.41 and its 200 day simple moving average is $108.35. The stock has a market cap of $18.86 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).