Private Advisor Group LLC Sells 13,273 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Private Advisor Group LLC cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 54,476 shares of the exchange traded fund’s stock after selling 13,273 shares during the period. Private Advisor Group LLC’s holdings in iShares TIPS Bond ETF were worth $6,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of TIP. Tsfg LLC grew its holdings in iShares TIPS Bond ETF by 8.3% during the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares during the period. Colony Family Offices LLC grew its holdings in iShares TIPS Bond ETF by 5.4% during the first quarter. Colony Family Offices LLC now owns 1,906 shares of the exchange traded fund’s stock valued at $205,000 after purchasing an additional 97 shares during the period. KMG Fiduciary Partners LLC grew its holdings in iShares TIPS Bond ETF by 0.6% during the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 100 shares during the period. Citizens & Northern Corp grew its holdings in iShares TIPS Bond ETF by 3.0% during the second quarter. Citizens & Northern Corp now owns 3,544 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 102 shares during the period. Finally, TNF LLC grew its holdings in iShares TIPS Bond ETF by 1.1% during the second quarter. TNF LLC now owns 10,102 shares of the exchange traded fund’s stock valued at $1,079,000 after purchasing an additional 105 shares during the period.

iShares TIPS Bond ETF Trading Down 0.3 %

Shares of NYSEARCA TIP opened at $108.27 on Friday. The stock has a fifty day simple moving average of $109.62 and a two-hundred day simple moving average of $107.76. iShares TIPS Bond ETF has a 1-year low of $102.46 and a 1-year high of $111.06. The firm has a market cap of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).