iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Lowered by Portside Wealth Group LLC

Portside Wealth Group LLC decreased its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,481 shares of the exchange traded fund’s stock after selling 361 shares during the period. Portside Wealth Group LLC’s holdings in iShares TIPS Bond ETF were worth $3,146,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Financial & Tax Architects LLC grew its position in iShares TIPS Bond ETF by 3.3% in the 4th quarter. Financial & Tax Architects LLC now owns 62,916 shares of the exchange traded fund’s stock worth $6,704,000 after purchasing an additional 1,991 shares during the last quarter. Cranbrook Wealth Management LLC boosted its position in shares of iShares TIPS Bond ETF by 3.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 51,300 shares of the exchange traded fund’s stock worth $5,466,000 after buying an additional 1,906 shares during the period. Merit Financial Group LLC grew its holdings in iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after buying an additional 3,183 shares in the last quarter. Chemistry Wealth Management LLC increased its position in iShares TIPS Bond ETF by 17.0% in the 4th quarter. Chemistry Wealth Management LLC now owns 10,256 shares of the exchange traded fund’s stock valued at $1,093,000 after acquiring an additional 1,492 shares during the period. Finally, KMG Fiduciary Partners LLC increased its position in iShares TIPS Bond ETF by 33.6% in the 4th quarter. KMG Fiduciary Partners LLC now owns 21,394 shares of the exchange traded fund’s stock valued at $2,280,000 after acquiring an additional 5,378 shares during the period.

iShares TIPS Bond ETF Trading Up 0.0 %

iShares TIPS Bond ETF stock opened at $107.18 on Friday. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The stock has a market cap of $18.60 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company’s 50-day moving average price is $107.42 and its two-hundred day moving average price is $108.28.

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).