Silver Oak Securities Incorporated Has $639,000 Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Silver Oak Securities Incorporated trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.7% during the fourth quarter, HoldingsChannel reports. The fund owned 5,989 shares of the exchange traded fund’s stock after selling 433 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares TIPS Bond ETF were worth $639,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. bought a new position in shares of iShares TIPS Bond ETF during the third quarter worth about $102,200,000. International Assets Investment Management LLC grew its holdings in shares of iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares in the last quarter. SG Americas Securities LLC raised its position in iShares TIPS Bond ETF by 25,645.3% in the 4th quarter. SG Americas Securities LLC now owns 273,930 shares of the exchange traded fund’s stock valued at $29,187,000 after buying an additional 272,866 shares during the last quarter. Finally, Strategic Investment Advisors MI bought a new stake in iShares TIPS Bond ETF in the 4th quarter valued at approximately $16,787,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of TIP opened at $108.44 on Friday. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The stock has a market capitalization of $18.81 billion, a P/E ratio of 11.86 and a beta of 0.09. The company has a 50 day moving average of $107.41 and a 200-day moving average of $108.35.

iShares TIPS Bond ETF 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).