Transcendent Capital Group LLC Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Transcendent Capital Group LLC cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 415 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares TIPS Bond ETF were worth $44,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at approximately $45,000. GPS Wealth Strategies Group LLC increased its position 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 valued at $52,000 after buying an additional 100 shares during the period. Centricity Wealth Management LLC purchased a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth about $82,000. Eagle Bay Advisors LLC bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $96,000. Finally, Bank of Jackson Hole Trust purchased a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $115,000.

iShares TIPS Bond ETF Trading Up 0.2 %

iShares TIPS Bond ETF stock opened at $109.16 on Tuesday. The firm’s 50 day simple moving average is $107.43 and its 200 day simple moving average is $108.43. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The firm has a market capitalization of $13.97 billion, a PE ratio of 12.25 and a beta of 0.26.

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).