Murphy & Mullick Capital Management Corp Makes New $95,000 Investment in iShares TIPS Bond ETF (NYSEARCA:TIP)

Murphy & Mullick Capital Management Corp purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 887 shares of the exchange traded fund’s stock, valued at approximately $95,000.

Other institutional investors also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $26,000. Mainstream Capital Management LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at $30,000. Kestra Investment Management LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter worth about $45,000. Runnymede Capital Advisors Inc. bought a new position in iShares TIPS Bond ETF in the 4th quarter worth about $47,000. Finally, GPS Wealth Strategies Group LLC grew its holdings in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 100 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

Shares of iShares TIPS Bond ETF stock opened at $109.86 on Thursday. The company’s 50-day moving average price is $108.86 and its 200-day moving average price is $108.57. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The company has a market cap of $14.30 billion, a price-to-earnings ratio of 12.32 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).