SG Americas Securities LLC Has $118,000 Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

SG Americas Securities LLC decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 99.7% during the third quarter, Holdings Channel.com reports. The firm owned 1,064 shares of the exchange traded fund’s stock after selling 345,658 shares during the period. SG Americas Securities LLC’s holdings in iShares TIPS Bond ETF were worth $118,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TIP. Confluence Wealth Services Inc. bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $213,000. TIAA Trust National Association boosted its position in iShares TIPS Bond ETF by 3.2% during the second quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock worth $9,447,000 after purchasing an additional 2,776 shares during the period. Buck Wealth Strategies LLC boosted its position in iShares TIPS Bond ETF by 1,108.6% during the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock worth $7,267,000 after purchasing an additional 62,426 shares during the period. Nisa Investment Advisors LLC bought a new stake in iShares TIPS Bond ETF during the second quarter worth approximately $27,453,000. Finally, First National Trust Co boosted its position in iShares TIPS Bond ETF by 93.0% during the second quarter. First National Trust Co now owns 4,332 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 2,087 shares during the period.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of iShares TIPS Bond ETF stock opened at $108.27 on Friday. The stock has a market capitalization of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a 50 day moving average price of $109.62 and a two-hundred day moving average price of $107.77. iShares TIPS Bond ETF has a 12-month low of $102.46 and a 12-month high of $111.06.

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).