Tcfg Wealth Management LLC Sells 724 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Tcfg Wealth Management LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,381 shares of the exchange traded fund’s stock after selling 724 shares during the quarter. Tcfg Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $893,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC lifted its position in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of 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 acquiring an additional 51,713 shares during the last quarter. Sumitomo Life Insurance Co. lifted its holdings in shares of iShares TIPS Bond ETF by 58.0% in the fourth 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 during the last quarter. Baldwin Wealth Partners LLC MA lifted its holdings in shares of iShares TIPS Bond ETF by 52.6% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock worth $45,729,000 after acquiring an additional 147,849 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after acquiring an additional 398,292 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

TIP stock opened at $108.61 on Friday. The stock has a market capitalization of $18.84 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06. The firm has a 50-day moving average price of $107.37 and a 200-day moving average price of $108.40.

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).