Tiemann Investment Advisors LLC Sells 100 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Tiemann Investment Advisors LLC decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,157 shares of the exchange traded fund’s stock after selling 100 shares during the period. Tiemann Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $656,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in TIP. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares TIPS Bond ETF during the 4th quarter worth approximately $26,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth $30,000. Kestra Investment Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $45,000. GPS Wealth Strategies Group LLC grew its stake in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares in the last quarter. Finally, Washington Trust Advisors Inc. acquired a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $57,000.

iShares TIPS Bond ETF Stock Down 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $109.46 on Monday. The stock has a market capitalization of $14.01 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The company has a 50-day simple moving average of $108.01 and a two-hundred day simple moving average of $108.51.

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).