2,329 Shares in iShares TIPS Bond ETF (NYSEARCA:TIP) Acquired by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC acquired a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 2,329 shares of the exchange traded fund’s stock, valued at approximately $248,000.

Other large investors have also bought and sold shares of the company. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its holdings in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in 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 purchasing an additional 100 shares during the period. Sound Income Strategies LLC boosted its position in iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth about $96,000.

iShares TIPS Bond ETF Stock Down 0.0 %

NYSEARCA TIP opened at $108.46 on Wednesday. The company’s 50 day moving average is $107.40 and its 200-day moving average is $108.39. The firm has a market cap of $18.82 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06.

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).