iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by E&G Advisors LP

E&G Advisors LP reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,090 shares of the exchange traded fund’s stock after selling 989 shares during the period. E&G Advisors LP’s holdings in iShares TIPS Bond ETF were worth $1,608,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Tsfg LLC raised its holdings 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 worth $134,000 after acquiring an additional 93 shares in the last quarter. KMG Fiduciary Partners LLC boosted its stake in iShares TIPS Bond ETF by 0.6% in 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 buying an additional 100 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of iShares TIPS Bond ETF by 26.0% in 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. First United Bank & Trust grew its holdings in shares of iShares TIPS Bond ETF by 3.2% during the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 108 shares during the last quarter. Finally, FC Advisory LLC increased its position in iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 110 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $108.26 on Tuesday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The company has a market cap of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s fifty day moving average price is $107.39 and its two-hundred day moving average price is $108.34.

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).