iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,473 shares of the exchange traded fund’s stock after selling 571 shares during the period. Avior Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Private Ocean LLC boosted its stake in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares in the last quarter. Eastern Bank acquired a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at $37,000. Gradient Investments LLC raised its stake in shares of iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at $40,000.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of TIP stock opened at $107.69 on Friday. The stock has a 50-day simple moving average of $109.09 and a 200 day simple moving average of $108.05. iShares TIPS Bond ETF has a fifty-two week low of $104.19 and a fifty-two week high of $111.06. The stock has a market capitalization of $18.68 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).