Nations Financial Group Inc. IA ADV Decreases Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Nations Financial Group Inc. IA ADV reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,449 shares of the exchange traded fund’s stock after selling 1,717 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares TIPS Bond ETF were worth $2,370,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. William B. Walkup & Associates Inc. purchased a new position in iShares TIPS Bond ETF in the 2nd quarter valued at approximately $26,000. Private Ocean LLC boosted its position in iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares during the period. Gradient Investments LLC boosted its position in iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 261 shares during the period. Eastern Bank purchased a new position in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $37,000. Finally, Hobbs Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 2nd quarter valued at approximately $40,000.

iShares TIPS Bond ETF Trading Down 0.3 %

iShares TIPS Bond ETF stock opened at $108.21 on Tuesday. The stock has a market cap of $18.77 billion, a P/E ratio of 11.86 and a beta of 0.09. The company has a fifty day simple moving average of $109.43 and a 200-day simple moving average of $107.95. iShares TIPS Bond ETF has a 12-month low of $103.19 and a 12-month high of $111.06.

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).