Stone House Investment Management LLC Sells 4,451 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Stone House Investment Management LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 90.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 471 shares of the exchange traded fund’s stock after selling 4,451 shares during the period. Stone House Investment Management LLC’s holdings in iShares TIPS Bond ETF were worth $52,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter worth about $26,000. Private Ocean LLC raised its position in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Gradient Investments LLC lifted its holdings in iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares during the period. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of iShares TIPS Bond ETF during the second quarter valued at approximately $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock traded up $0.26 during midday trading on Wednesday, reaching $108.37. 411,842 shares of the company’s stock traded hands, compared to its average volume of 1,957,940. The company has a market cap of $18.80 billion, a PE ratio of 11.86 and a beta of 0.09. The stock has a 50 day moving average of $108.94 and a 200-day moving average of $108.13. iShares TIPS Bond ETF has a 12 month low of $104.36 and a 12 month high of $111.06.

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).