Park Edge Advisors LLC Sells 450 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Park Edge Advisors LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 13.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,939 shares of the exchange traded fund’s stock after selling 450 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $325,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of TIP. Pettinga Financial Advisors LLC raised its position in iShares TIPS Bond ETF by 17.5% in the first quarter. Pettinga Financial Advisors LLC now owns 15,410 shares of the exchange traded fund’s stock worth $1,655,000 after acquiring an additional 2,294 shares during the period. Aviance Capital Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.1% in the 1st quarter. Aviance Capital Partners LLC now owns 9,073 shares of the exchange traded fund’s stock worth $975,000 after purchasing an additional 185 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. purchased a new position in iShares TIPS Bond ETF in the first quarter valued at approximately $211,000. Woodmont Investment Counsel LLC bought a new position in iShares TIPS Bond ETF during the first quarter valued at $49,000. Finally, Quattro Financial Advisors LLC increased its position in iShares TIPS Bond ETF by 7,628.0% in the first quarter. Quattro Financial Advisors LLC now owns 8,269 shares of the exchange traded fund’s stock worth $888,000 after buying an additional 8,162 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP traded down $0.29 during trading on Friday, reaching $108.27. 1,677,483 shares of the stock traded hands, compared to its average volume of 1,892,922. The stock has a market capitalization of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $102.46 and a 52-week high of $111.06. The company has a 50-day moving average of $109.62 and a 200-day moving average of $107.77.

About iShares TIPS Bond ETF

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).