Latitude Advisors LLC Sells 4,185 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Latitude Advisors LLC trimmed its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,207 shares of the exchange traded fund’s stock after selling 4,185 shares during the period. Latitude Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in TIP. FMR LLC grew its position in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after acquiring an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. increased its stake in shares of iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock worth $155,749,000 after acquiring an additional 536,610 shares in the last quarter. Baldwin Wealth Partners LLC MA grew its stake in shares of iShares TIPS Bond ETF by 52.6% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after buying an additional 147,849 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.0 %

Shares of NYSEARCA TIP opened at $108.49 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 $18.82 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50-day moving average price is $107.40 and its 200-day moving average price is $108.38.

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).