Bleakley Financial Group LLC Invests $262,000 in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bleakley Financial Group LLC purchased a new position in iShares TIPS Bond ETF (NYSEARCA:TIP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,438 shares of the exchange traded fund’s stock, valued at approximately $262,000.

Other hedge funds have also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $26,000. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $27,000. Fortis Capital Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $28,000. Life Planning Partners Inc purchased a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $30,000. Finally, Covestor Ltd purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of NYSEARCA TIP opened at $105.78 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $110.88. The firm has a market cap of $18.57 billion, a P/E ratio of 11.92 and a beta of 0.09. The company has a 50 day moving average of $106.64 and a 200 day moving average of $105.78.

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).