Perfromance Wealth Partners LLC trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 6.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,037 shares of the exchange traded fund’s stock after selling 702 shares during the period. Perfromance Wealth Partners LLC’s holdings in iShares TIPS Bond ETF were worth $1,069,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its stake in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after purchasing an additional 51,713 shares in the last quarter. Sumitomo Life Insurance Co. acquired a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $102,200,000. Marshall Wace LLP increased its position in shares of iShares TIPS Bond ETF by 3.1% in the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after acquiring an additional 16,839 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in iShares TIPS Bond ETF by 5.0% during the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after buying an additional 21,268 shares during the last quarter.
iShares TIPS Bond ETF Trading Up 0.1 %
iShares TIPS Bond ETF stock opened at $107.26 on Wednesday. The company has a market capitalization of $18.61 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock’s 50 day moving average is $107.39 and its 200-day moving average is $108.31. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06.
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).
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