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

Snowden Capital Advisors LLC lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,154 shares of the exchange traded fund’s stock after selling 618 shares during the period. Snowden Capital Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,828,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of TIP. Barclays PLC raised its position in shares of iShares TIPS Bond ETF by 96.9% during the 3rd quarter. Barclays PLC now owns 56,475 shares of the exchange traded fund’s stock worth $6,238,000 after purchasing an additional 27,792 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the last quarter. Chemistry Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 17.0% during the 4th quarter. Chemistry Wealth Management LLC now owns 10,256 shares of the exchange traded fund’s stock worth $1,093,000 after purchasing an additional 1,492 shares during the last quarter. Merit Financial Group LLC raised its position in shares of iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,183 shares during the last quarter. Finally, Cranbrook Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 3.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 51,300 shares of the exchange traded fund’s stock worth $5,466,000 after purchasing an additional 1,906 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.2%

TIP opened at $108.88 on Friday. iShares TIPS Bond ETF has a twelve month low of $104.69 and a twelve month high of $111.51. The company has a 50-day moving average price of $109.43 and a 200 day moving average price of $108.47. The company has a market cap of $13.85 billion, a PE ratio of 12.40 and a beta of 0.29.

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).