Transcendent Capital Group LLC Makes New Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Transcendent Capital Group LLC bought a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 608 shares of the exchange traded fund’s stock, valued at approximately $65,000.

A number of other institutional investors have also recently made changes to their positions in the company. AlphaCore Capital LLC grew its stake in iShares TIPS Bond ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock valued at $193,000 after acquiring an additional 103 shares in the last quarter. Clear Investment Research LLC increased its holdings in shares of iShares TIPS Bond ETF by 2.0% in the fourth quarter. Clear Investment Research LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $570,000 after purchasing an additional 103 shares during the last quarter. Objective Capital Management LLC lifted its position in iShares TIPS Bond ETF by 5.8% during the third quarter. Objective Capital Management LLC now owns 2,020 shares of the exchange traded fund’s stock worth $210,000 after buying an additional 111 shares in the last quarter. Archer Investment Corp boosted its stake in iShares TIPS Bond ETF by 10.1% during the fourth quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock worth $136,000 after buying an additional 116 shares during the last quarter. Finally, Inscription Capital LLC grew its holdings in iShares TIPS Bond ETF by 3.0% in the 4th quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock valued at $440,000 after buying an additional 119 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP traded up $0.13 during trading on Friday, hitting $106.90. 1,395,643 shares of the company were exchanged, compared to its average volume of 2,106,989. The company has a fifty day moving average price of $106.16 and a 200-day moving average price of $106.56. The firm has a market capitalization of $18.55 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $108.54.

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).