Divergent Wealth Advisors Sells 3,821 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Divergent Wealth Advisors trimmed its stake in iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 44.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,732 shares of the exchange traded fund’s stock after selling 3,821 shares during the period. iShares TIPS Bond ETF comprises 0.1% of Divergent Wealth Advisors’ holdings, making the stock its 19th biggest holding. Divergent Wealth Advisors’ holdings in iShares TIPS Bond ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in TIP. Trifecta Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter worth $27,000. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at about $27,000. Life Planning Partners Inc bought a new position in iShares TIPS Bond ETF in the fourth quarter worth about $30,000. Pacific Capital Wealth Advisors Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $33,000. Finally, Covestor Ltd bought a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at about $33,000.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of NYSEARCA TIP traded down $0.06 during trading hours on Wednesday, hitting $106.68. 1,687,190 shares of the stock were exchanged, compared to its average volume of 2,156,666. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $108.64. The firm has a fifty day moving average price of $106.31 and a 200-day moving average price of $106.32. The company has a market cap of $18.51 billion, a PE ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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