iShares TIPS Bond ETF $TIP Shares Sold by Creative Planning

Creative Planning lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,262 shares of the exchange traded fund’s stock after selling 5,767 shares during the quarter. Creative Planning owned 0.08% of iShares TIPS Bond ETF worth $10,593,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC purchased a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at about $51,846,000. Partners Capital Investment Group LLP increased its position in shares of iShares TIPS Bond ETF by 80.5% during the first quarter. Partners Capital Investment Group LLP now owns 1,023,999 shares of the exchange traded fund’s stock valued at $113,756,000 after acquiring an additional 456,633 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares TIPS Bond ETF by 45.0% in the 1st quarter. Ameriprise Financial Inc. now owns 971,032 shares of the exchange traded fund’s stock valued at $108,387,000 after acquiring an additional 301,463 shares during the period. Bank of Nova Scotia purchased a new stake in shares of iShares TIPS Bond ETF in the 1st quarter valued at approximately $33,327,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 82.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 486,984 shares of the exchange traded fund’s stock worth $54,099,000 after acquiring an additional 219,598 shares during the last quarter. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $110.85 on Wednesday. iShares TIPS Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $112.26. The firm has a 50 day moving average price of $111.38 and a 200 day moving average price of $110.22. The company has a market capitalization of $14.08 billion, a PE ratio of 12.40 and a beta of 0.26.

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).