Ausdal Financial Partners Inc. Purchases New Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Ausdal Financial Partners Inc. purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,561 shares of the exchange traded fund’s stock, valued at approximately $2,084,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Citigroup Inc. boosted its stake in iShares TIPS Bond ETF by 17.9% in the third quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after acquiring an additional 21,755 shares in the last quarter. Cerity Partners LLC boosted its position in shares of iShares TIPS Bond ETF by 76.3% in the 3rd quarter. Cerity Partners LLC now owns 142,893 shares of the exchange traded fund’s stock valued at $15,785,000 after purchasing an additional 61,848 shares during the period. Centaurus Financial Inc. purchased a new position in iShares TIPS Bond ETF during the 3rd quarter worth approximately $169,000. FMR LLC increased its position in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares during the period. Finally, Insight Wealth Partners LLC lifted its stake in iShares TIPS Bond ETF by 3.7% in the third quarter. Insight Wealth Partners LLC now owns 42,745 shares of the exchange traded fund’s stock valued at $4,722,000 after buying an additional 1,510 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

TIP stock opened at $110.00 on Wednesday. The company has a market capitalization of $14.32 billion, a P/E ratio of 12.32 and a beta of 0.28. The business has a 50 day simple moving average of $108.81 and a 200-day simple moving average of $108.56. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve 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).