iShares TIPS Bond ETF $TIP Shares Sold by West Financial Advisors LLC

West Financial Advisors LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 99.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,600 shares of the exchange traded fund’s stock after selling 189,690 shares during the period. West Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $166,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of iShares TIPS Bond ETF by 18.1% in the 1st quarter. Bank of America Corp DE now owns 24,329,782 shares of the exchange traded fund’s stock valued at $2,685,035,000 after buying an additional 3,729,751 shares during the period. Mather Group LLC. bought a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $240,163,000. Envestnet Asset Management Inc. lifted its stake in shares of iShares TIPS Bond ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,029,684 shares of the exchange traded fund’s stock valued at $222,108,000 after acquiring an additional 68,483 shares during the period. Pictet Asset Management Holding SA lifted its stake in shares of iShares TIPS Bond ETF by 16.8% during the first quarter. Pictet Asset Management Holding SA now owns 1,491,300 shares of the exchange traded fund’s stock valued at $164,565,000 after acquiring an additional 214,700 shares during the period. Finally, CI Investments Inc. lifted its stake in shares of iShares TIPS Bond ETF by 28.7% during the first quarter. CI Investments Inc. now owns 1,166,832 shares of the exchange traded fund’s stock valued at $128,772,000 after acquiring an additional 260,055 shares during the period. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Trading Down 0.1%

iShares TIPS Bond ETF stock traded down $0.09 during mid-day trading on Friday, hitting $106.24. The stock had a trading volume of 1,608,993 shares, compared to its average volume of 2,205,029. The stock has a 50-day simple moving average of $105.77 and a two-hundred day simple moving average of $108.19. The stock has a market capitalization of $14.55 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 12 month low of $103.75 and a 12 month high of $112.04.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.