Shared Vision Wealth Group LLC Sells 668 Shares of iShares TIPS Bond ETF $TIP

Shared Vision Wealth Group LLC lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,104 shares of the exchange traded fund’s stock after selling 668 shares during the period. Shared Vision Wealth Group LLC’s holdings in iShares TIPS Bond ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in TIP. Brighton Jones LLC raised its position in iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $1,583,000 after purchasing an additional 1,102 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares TIPS Bond ETF by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 376,852 shares of the exchange traded fund’s stock valued at $41,865,000 after purchasing an additional 9,526 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of iShares TIPS Bond ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 122,102 shares of the exchange traded fund’s stock valued at $13,564,000 after buying an additional 24,091 shares in the last quarter. 3EDGE Asset Management LP raised its holdings in shares of iShares TIPS Bond ETF by 96.5% during the 1st quarter. 3EDGE Asset Management LP now owns 1,561,824 shares of the exchange traded fund’s stock valued at $173,431,000 after buying an additional 766,851 shares in the last quarter. Finally, Westmount Partners LLC lifted its position in iShares TIPS Bond ETF by 35.0% in the 1st quarter. Westmount Partners LLC now owns 4,375 shares of the exchange traded fund’s stock worth $486,000 after buying an additional 1,135 shares during the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $110.90 on Monday. The stock has a market capitalization of $14.08 billion, a P/E ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a one year low of $106.04 and a one year high of $112.26. The firm’s 50 day simple moving average is $111.41 and its two-hundred day simple moving average is $110.17.

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).