WealthBridge Capital Management LLC Decreases Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

WealthBridge Capital Management LLC trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,905 shares of the exchange traded fund’s stock after selling 275 shares during the period. WealthBridge Capital Management LLC’s holdings in iShares TIPS Bond ETF were worth $203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TIP. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF in the third quarter worth $37,000. Strategic Investment Solutions Inc. IL grew its holdings in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares during the last quarter. Kestra Investment Management LLC purchased a new position in shares of iShares TIPS Bond ETF in the fourth quarter valued at about $45,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $96,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP opened at $108.70 on Friday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The stock has a market capitalization of $18.86 billion, a PE ratio of 11.86 and a beta of 0.09. The business’s 50-day moving average is $107.36 and its 200 day moving average is $108.41.

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).