Strategic Wealth Investment Group LLC Cuts Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Strategic Wealth Investment Group LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,723 shares of the exchange traded fund’s stock after selling 1,075 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in iShares TIPS Bond ETF were worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sage Financial Group Inc. raised its position in iShares TIPS Bond ETF by 24.9% in the 4th quarter. Sage Financial Group Inc. now owns 37,880 shares of the exchange traded fund’s stock worth $4,036,000 after buying an additional 7,549 shares during the last quarter. Synergy Asset Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth approximately $1,026,000. Kaufman Rossin Wealth LLC purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $209,000. Sumitomo Life Insurance Co. lifted its position in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the period. Finally, Money Design Co. Ltd. boosted its holdings in iShares TIPS Bond ETF by 3.7% in the fourth quarter. Money Design Co. Ltd. now owns 381,307 shares of the exchange traded fund’s stock worth $40,678,000 after purchasing an additional 13,587 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of TIP opened at $107.93 on Friday. The firm has a fifty day simple moving average of $107.38 and a two-hundred day simple moving average of $108.33. The firm has a market cap of $18.73 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

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).