Regal Investment Advisors LLC Cuts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Regal Investment Advisors LLC lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,928 shares of the exchange traded fund’s stock after selling 173 shares during the quarter. Regal Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TIP. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $26,000. Mainstream Capital Management LLC bought a new stake in shares of iShares TIPS Bond ETF in the 4th quarter worth approximately $30,000. Biltmore Family Office LLC purchased a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $32,000. Kestra Investment Management LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at approximately $45,000. Finally, Runnymede Capital Advisors Inc. purchased a new stake in iShares TIPS Bond ETF in the fourth quarter worth $47,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of iShares TIPS Bond ETF stock opened at $109.03 on Friday. The company’s fifty day simple moving average is $109.45 and its two-hundred day simple moving average is $108.47. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.51. The company has a market cap of $14.29 billion, a P/E ratio of 12.43 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).