iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Alesco Advisors LLC

Alesco Advisors LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.6% in the 4th quarter, Holdings Channel reports. The firm owned 14,829 shares of the exchange traded fund’s stock after selling 240 shares during the period. Alesco Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,580,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $26,000. Kestra Investment Management LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $45,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $82,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $96,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $110.34 on Monday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. The stock has a 50 day moving average price of $107.67 and a 200 day moving average price of $108.46.

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).