Lpwm LLC Sells 438 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Lpwm LLC trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,991 shares of the exchange traded fund’s stock after selling 438 shares during the quarter. Lpwm LLC’s holdings in iShares TIPS Bond ETF were worth $638,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. William B. Walkup & Associates Inc. bought a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $26,000. Eastern Bank bought a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $37,000. Strategic Investment Solutions Inc. IL lifted its position in shares of iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC lifted its position in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $106.26 on Wednesday. The business has a 50-day moving average price of $107.48 and a 200 day moving average price of $108.29. The company has a market capitalization of $18.44 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

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).