Natixis Advisors LLC Cuts Stock Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Natixis Advisors LLC lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,811 shares of the exchange traded fund’s stock after selling 1,285 shares during the period. Natixis Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $8,504,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $26,000. Mainstream Capital Management LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $30,000. Kestra Investment Management LLC purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $45,000. GPS Wealth Strategies Group LLC boosted its stake in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares during the last quarter. Finally, Washington Trust Advisors Inc. purchased a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $57,000.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of TIP opened at $110.23 on Friday. The business’s fifty day simple moving average is $108.58 and its two-hundred day simple moving average is $108.55. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The company has a market cap of $14.35 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

iShares TIPS Bond ETF Company 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).