Valley Brook Capital Group Inc. Lowers Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Valley Brook Capital Group Inc. lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,000 shares of the exchange traded fund’s stock after selling 500 shares during the period. Valley Brook Capital Group Inc.’s holdings in iShares TIPS Bond ETF were worth $215,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. JB Capital LLC purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at approximately $5,501,000. WealthShield Partners LLC lifted its position in iShares TIPS Bond ETF by 241.0% during the third quarter. WealthShield Partners LLC now owns 10,074 shares of the exchange traded fund’s stock valued at $1,045,000 after acquiring an additional 7,120 shares during the last quarter. Baystate Wealth Management LLC lifted its position in iShares TIPS Bond ETF by 1,375.6% during the third quarter. Baystate Wealth Management LLC now owns 605 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 564 shares during the last quarter. Park Avenue Securities LLC lifted its position in iShares TIPS Bond ETF by 1,949.5% during the third quarter. Park Avenue Securities LLC now owns 249,523 shares of the exchange traded fund’s stock valued at $25,881,000 after acquiring an additional 237,348 shares during the last quarter. Finally, Altfest L J & Co. Inc. purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at approximately $3,702,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP traded up $0.54 during midday trading on Friday, reaching $105.93. 2,388,261 shares of the stock traded hands, compared to its average volume of 2,200,094. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $110.47. The business has a 50-day moving average of $106.48 and a two-hundred day moving average of $106.04. The stock has a market capitalization of $18.38 billion, a PE ratio of 11.86 and a beta of 0.09.

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).