Signature Estate & Investment Advisors LLC lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 6.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,390 shares of the exchange traded fund’s stock after selling 499 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $821,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of the stock. Grey Fox Wealth Advisors LLC lifted its stake in shares of iShares TIPS Bond ETF by 0.9% during the 1st quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock worth $1,284,000 after buying an additional 98 shares during the last quarter. Tidal Investments LLC raised its stake in iShares TIPS Bond ETF by 0.7% in the 4th quarter. Tidal Investments LLC now owns 17,017 shares of the exchange traded fund’s stock worth $1,813,000 after purchasing an additional 112 shares in the last quarter. Evexia Wealth LLC raised its stake in iShares TIPS Bond ETF by 2.9% in the 1st quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock worth $443,000 after purchasing an additional 113 shares in the last quarter. Country Club Bank raised its stake in iShares TIPS Bond ETF by 4.2% in the 1st quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 118 shares in the last quarter. Finally, CWC Advisors LLC. raised its stake in iShares TIPS Bond ETF by 1.4% in the 1st quarter. CWC Advisors LLC. now owns 8,962 shares of the exchange traded fund’s stock worth $996,000 after purchasing an additional 123 shares in the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.
iShares TIPS Bond ETF Stock Down 0.2%
Shares of iShares TIPS Bond ETF stock opened at $111.47 on Wednesday. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $111.76. The company has a 50-day simple moving average of $110.18 and a two-hundred day simple moving average of $109.61. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19.
iShares TIPS Bond ETF Company 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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