Wesbanco Bank Inc. Sells 97 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Wesbanco Bank Inc. lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,832 shares of the exchange traded fund’s stock after selling 97 shares during the quarter. Wesbanco Bank Inc.’s holdings in iShares TIPS Bond ETF were worth $1,970,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Scarborough Advisors LLC acquired a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $52,000. Goldman Sachs Group Inc. grew its holdings in shares of iShares TIPS Bond ETF by 1.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 181,407 shares of the exchange traded fund’s stock valued at $19,499,000 after buying an additional 2,805 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares TIPS Bond ETF by 9.5% in the 4th quarter. Fisher Asset Management LLC now owns 7,346 shares of the exchange traded fund’s stock valued at $790,000 after buying an additional 635 shares in the last quarter. Clearview Wealth Advisors LLC raised its stake in iShares TIPS Bond ETF by 92.0% during the 1st quarter. Clearview Wealth Advisors LLC now owns 4,058 shares of the exchange traded fund’s stock worth $436,000 after buying an additional 1,945 shares during the period. Finally, Banque Cantonale Vaudoise lifted its holdings in iShares TIPS Bond ETF by 18.8% during the first quarter. Banque Cantonale Vaudoise now owns 1,010 shares of the exchange traded fund’s stock worth $108,000 after acquiring an additional 160 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $109.50 on Wednesday. iShares TIPS Bond ETF has a 1 year low of $102.32 and a 1 year high of $111.06. The company has a market capitalization of $19.00 billion, a P/E ratio of 11.86 and a beta of 0.09. The business has a 50-day moving average of $109.54 and a two-hundred day moving average of $107.66.

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).