iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Holdings Trimmed by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC lowered its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 86.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,967 shares of the exchange traded fund’s stock after selling 43,090 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in iShares TIPS Bond ETF were worth $748,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Trifecta Capital Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth $27,000. YHB Investment Advisors Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $30,000. First Pacific Financial raised its stake in shares of iShares TIPS Bond ETF by 197.0% in the 1st quarter. First Pacific Financial now owns 294 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 195 shares in the last quarter. Pacific Capital Wealth Advisors Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth $33,000. Finally, Salem Investment Counselors Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 1st quarter worth $36,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP traded down $0.03 during midday trading on Thursday, reaching $108.15. The stock had a trading volume of 3,247,788 shares, compared to its average volume of 2,017,254. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $108.54. The firm’s 50 day moving average price is $106.89 and its 200-day moving average price is $106.65. The company has a market capitalization of $18.76 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).