Farrell Financial LLC Sells 148 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Farrell Financial LLC trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,415 shares of the exchange traded fund’s stock after selling 148 shares during the period. Farrell Financial LLC’s holdings in iShares TIPS Bond ETF were worth $790,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 2nd quarter worth approximately $26,000. Eastern Bank purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL lifted its holdings in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares during the period. Sound Income Strategies LLC boosted its position in iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC boosted its position in iShares TIPS Bond ETF by 28.5% in the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $107.26 on Wednesday. The firm has a market cap of $18.61 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The stock has a fifty day moving average price of $107.39 and a 200-day moving average price of $108.31.

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).