IVC Wealth Advisors LLC Sells 539 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

IVC Wealth Advisors LLC lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,614 shares of the exchange traded fund’s stock after selling 539 shares during the period. IVC Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $731,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tsfg LLC lifted its position in shares of iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after purchasing an additional 93 shares in the last quarter. Colony Family Offices LLC lifted its position in iShares TIPS Bond ETF by 5.4% during the 1st quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock worth $205,000 after buying an additional 97 shares in the last quarter. KMG Fiduciary Partners LLC lifted its position in iShares TIPS Bond ETF by 0.6% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after buying an additional 100 shares in the last quarter. Citizens & Northern Corp boosted its stake in shares of iShares TIPS Bond ETF by 3.0% during the 2nd quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock worth $378,000 after buying an additional 102 shares during the last quarter. Finally, TNF LLC grew its holdings in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after acquiring an additional 105 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.27 on Monday. iShares TIPS Bond ETF has a 52-week low of $102.46 and a 52-week high of $111.06. The company has a market cap of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock’s 50-day simple moving average is $109.62 and its 200 day simple moving average is $107.79.

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).