Transcendent Capital Group LLC Sells 193 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Transcendent Capital Group LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 415 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares TIPS Bond ETF were worth $44,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TIP. GenTrust LLC raised its stake in shares of iShares TIPS Bond ETF by 0.9% during the third quarter. GenTrust LLC now owns 196,162 shares of the exchange traded fund’s stock valued at $21,670,000 after acquiring an additional 1,804 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares TIPS Bond ETF by 1.8% during 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 acquiring an additional 51,713 shares in the last quarter. Merit Financial Group LLC boosted its holdings in iShares TIPS Bond ETF by 167.4% in the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 3,183 shares in the last quarter. Finally, Citigroup Inc. increased its position in iShares TIPS Bond ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after purchasing an additional 21,755 shares during the period.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA TIP opened at $109.16 on Tuesday. The firm has a fifty day simple moving average of $107.43 and a two-hundred day simple moving average of $108.43. The firm has a market capitalization of $13.97 billion, a PE ratio of 12.25 and a beta of 0.26. iShares TIPS Bond ETF has a 12 month low of $104.67 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).