Financial Counselors Inc. Sells 217 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Financial Counselors Inc. reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,566 shares of the exchange traded fund’s stock after selling 217 shares during the period. Financial Counselors Inc.’s holdings in iShares TIPS Bond ETF were worth $380,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TIP. GPS Wealth Strategies Group LLC boosted its position 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 worth $52,000 after buying an additional 100 shares during the period. FC Advisory LLC raised its stake in shares of iShares TIPS Bond ETF by 2.0% during the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 110 shares during the last quarter. Clear Investment Research LLC lifted its holdings in shares of iShares TIPS Bond ETF by 2.2% during the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock worth $652,000 after purchasing an additional 130 shares during the period. Bank of Marin grew its stake in shares of iShares TIPS Bond ETF by 1.5% in the fourth quarter. Bank of Marin now owns 9,220 shares of the exchange traded fund’s stock worth $982,000 after purchasing an additional 137 shares during the last quarter. Finally, TI Trust Inc. increased its holdings in iShares TIPS Bond ETF by 0.7% in the fourth quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock valued at $2,343,000 after purchasing an additional 147 shares during the period.

iShares TIPS Bond ETF Stock Up 0.5 %

Shares of NYSEARCA:TIP opened at $110.65 on Friday. The firm has a market cap of $14.41 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The business has a fifty day simple moving average of $108.99 and a 200 day simple moving average of $108.58.

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).