Ascent Wealth Partners LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 19.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 26,758 shares of the exchange traded fund’s stock after selling 6,508 shares during the quarter. Ascent Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $2,956,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC grew its stake in shares of iShares TIPS Bond ETF by 8.3% during the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after acquiring an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC grew its stake in iShares TIPS Bond ETF by 0.6% during the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 100 shares in the last quarter. Citizens & Northern Corp increased its stake in shares of iShares TIPS Bond ETF by 3.0% in the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock worth $378,000 after buying an additional 102 shares during the last quarter. TNF LLC increased its position in shares of iShares TIPS Bond ETF by 1.1% in the 2nd quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock worth $1,079,000 after purchasing an additional 105 shares during the last quarter. Finally, Regal Investment Advisors LLC raised its stake in shares of iShares TIPS Bond ETF by 2.0% in the 2nd quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after purchasing an additional 108 shares in the last quarter.
iShares TIPS Bond ETF Price Performance
NYSEARCA:TIP traded up $0.36 during mid-day trading on Thursday, reaching $108.23. The stock had a trading volume of 251,288 shares, compared to its average volume of 1,928,819. The stock’s 50 day simple moving average is $109.45 and its two-hundred day simple moving average is $107.90. iShares TIPS Bond ETF has a 1-year low of $103.19 and a 1-year high of $111.06. The company has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.
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).
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