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

HB Wealth Management LLC decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,723 shares of the exchange traded fund’s stock after selling 355 shares during the quarter. HB Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TIP. Roundview Capital LLC grew its holdings in shares of iShares TIPS Bond ETF by 2.2% during the first quarter. Roundview Capital LLC now owns 17,627 shares of the exchange traded fund’s stock valued at $2,196,000 after buying an additional 379 shares in the last quarter. Synovus Financial Corp grew its stake in iShares TIPS Bond ETF by 20.0% in the first quarter. Synovus Financial Corp now owns 10,650 shares of the exchange traded fund’s stock valued at $1,325,000 after purchasing an additional 1,778 shares in the last quarter. Prudential PLC purchased a new position in iShares TIPS Bond ETF in the first quarter valued at about $1,619,000. Mather Group LLC. purchased a new position in iShares TIPS Bond ETF in the first quarter valued at about $236,000. Finally, Laurel Wealth Advisors Inc. grew its stake in iShares TIPS Bond ETF by 30.6% in the first quarter. Laurel Wealth Advisors Inc. now owns 20,907 shares of the exchange traded fund’s stock valued at $2,604,000 after purchasing an additional 4,893 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $107.37 on Thursday. The business’s 50-day moving average price is $106.75 and its two-hundred day moving average price is $105.59. iShares TIPS Bond ETF has a one year low of $101.74 and a one year high of $111.26.

About iShares TIPS Bond ETF

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).