iShares TIPS Bond ETF $TIP Shares Sold by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC trimmed its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 25,512 shares of the exchange traded fund’s stock after selling 811 shares during the period. NorthCrest Asset Manangement LLC’s holdings in iShares TIPS Bond ETF were worth $2,790,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.9% in the 1st quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock worth $1,284,000 after acquiring an additional 98 shares during the last quarter. Tidal Investments LLC lifted its holdings in shares of iShares TIPS Bond ETF by 0.7% in the 4th quarter. Tidal Investments LLC now owns 17,017 shares of the exchange traded fund’s stock worth $1,813,000 after acquiring an additional 112 shares during the last quarter. Evexia Wealth LLC lifted its holdings in shares of iShares TIPS Bond ETF by 2.9% in the 1st quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock worth $443,000 after acquiring an additional 113 shares during the last quarter. Country Club Bank lifted its holdings in shares of iShares TIPS Bond ETF by 4.2% in the 1st quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock worth $326,000 after acquiring an additional 118 shares during the last quarter. Finally, CWC Advisors LLC. lifted its holdings in shares of iShares TIPS Bond ETF by 1.4% in the 1st quarter. CWC Advisors LLC. now owns 8,962 shares of the exchange traded fund’s stock worth $996,000 after acquiring an additional 123 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $111.50 on Friday. The firm’s 50 day moving average price is $110.51 and its 200-day moving average price is $109.70. iShares TIPS Bond ETF has a one year low of $106.04 and a one year high of $112.26. The firm has a market cap of $13.89 billion, a P/E ratio of 12.40 and a beta of 0.19.

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).