iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Portside Wealth Group LLC

Portside Wealth Group LLC trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.3% in the 4th quarter, HoldingsChannel reports. The firm owned 28,481 shares of the exchange traded fund’s stock after selling 361 shares during the quarter. Portside Wealth Group LLC’s holdings in iShares TIPS Bond ETF were worth $3,146,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. FMR LLC lifted its holdings in shares of iShares TIPS Bond ETF by 106.7% in the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new position in iShares TIPS Bond ETF during the 3rd quarter valued at about $102,200,000. International Assets Investment Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after purchasing an additional 398,292 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter worth approximately $24,990,000. Finally, Invst LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2,678.4% during the second quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock worth $21,789,000 after purchasing an additional 198,312 shares during the period.

iShares TIPS Bond ETF Stock Up 0.0 %

iShares TIPS Bond ETF stock opened at $107.18 on Friday. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The stock has a market cap of $18.60 billion, a P/E ratio of 11.86 and a beta of 0.09. The company’s fifty day simple moving average is $107.42 and its 200-day simple moving average is $108.28.

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).