SVB Wealth LLC Sells 11,728 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

SVB Wealth LLC lessened its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 69.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,188 shares of the exchange traded fund’s stock after selling 11,728 shares during the period. SVB Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $557,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Trifecta Capital Advisors LLC bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $27,000. YHB Investment Advisors Inc. bought a new position in iShares TIPS Bond ETF in the first quarter valued at about $30,000. First Pacific Financial boosted its holdings in iShares TIPS Bond ETF by 197.0% in the first quarter. First Pacific Financial now owns 294 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 195 shares during the last quarter. Pacific Capital Wealth Advisors Inc. bought a new position in iShares TIPS Bond ETF in the fourth quarter valued at about $33,000. Finally, Salem Investment Counselors Inc. bought a new position in iShares TIPS Bond ETF in the first quarter valued at about $36,000.

iShares TIPS Bond ETF Trading Up 0.1 %

iShares TIPS Bond ETF stock traded up $0.11 during mid-day trading on Monday, hitting $107.51. The stock had a trading volume of 973,281 shares, compared to its average volume of 2,020,900. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $108.54. The stock has a 50-day simple moving average of $106.82 and a two-hundred day simple moving average of $106.64. The stock has a market capitalization of $18.65 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).