RDA Financial Network Sells 200 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

RDA Financial Network lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,966 shares of the exchange traded fund’s stock after selling 200 shares during the period. RDA Financial Network’s holdings in iShares TIPS Bond ETF were worth $329,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. FMR LLC raised its stake in iShares TIPS Bond ETF by 10.6% during the fourth quarter. FMR LLC now owns 7,729,985 shares of the exchange traded fund’s stock worth $823,630,000 after buying an additional 739,540 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares during the last quarter. Rock Creek Group LP raised its stake in iShares TIPS Bond ETF by 0.7% during the fourth quarter. Rock Creek Group LP now owns 2,764,310 shares of the exchange traded fund’s stock worth $294,537,000 after buying an additional 18,908 shares during the last quarter. Assetmark Inc. raised its stake in iShares TIPS Bond ETF by 1,852.1% during the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after buying an additional 1,378,094 shares during the last quarter. Finally, LPL Financial LLC raised its stake in iShares TIPS Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after buying an additional 52,479 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.5%

Shares of NYSEARCA TIP opened at $108.07 on Monday. iShares TIPS Bond ETF has a twelve month low of $105.85 and a twelve month high of $111.51. The firm has a fifty day simple moving average of $109.03 and a 200 day simple moving average of $108.56. The company has a market capitalization of $13.76 billion, a PE ratio of 12.40 and a beta of 0.28.

iShares TIPS Bond ETF 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).