RWA Wealth Partners LLC Sells 3,009 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

RWA Wealth Partners LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 52.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,753 shares of the exchange traded fund’s stock after selling 3,009 shares during the quarter. RWA Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $293,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Assetmark Inc. boosted its position in iShares TIPS Bond ETF by 1,852.1% during the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after acquiring an additional 1,378,094 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of iShares TIPS Bond ETF in the 4th quarter valued at about $76,533,000. Sumitomo Life Insurance Co. boosted its position in shares of iShares TIPS Bond ETF by 58.0% during the 4th 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 in the last quarter. Dynasty Wealth Management LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $42,463,000. Finally, Raymond James Financial Inc. bought a new stake in iShares TIPS Bond ETF in the fourth quarter worth approximately $37,033,000.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $110.45 on Wednesday. The stock has a market capitalization of $14.48 billion, a price-to-earnings ratio of 12.43 and a beta of 0.29. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.23. The stock’s 50 day moving average price is $109.13 and its two-hundred day moving average price is $108.57.

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).