Wealth Alliance Cuts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Wealth Alliance lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 72.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,689 shares of the exchange traded fund’s stock after selling 6,954 shares during the quarter. Wealth Alliance’s holdings in iShares TIPS Bond ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of TIP. Coppell Advisory Solutions Corp. purchased a new position in iShares TIPS Bond ETF in the fourth quarter valued at $26,000. Trifecta Capital Advisors LLC purchased a new position in iShares TIPS Bond ETF in the fourth quarter valued at $27,000. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF in the third quarter valued at $27,000. Fortis Capital Advisors LLC purchased a new position in iShares TIPS Bond ETF in the fourth quarter valued at $28,000. Finally, Life Planning Partners Inc purchased a new position in iShares TIPS Bond ETF in the fourth quarter valued at $30,000.

iShares TIPS Bond ETF Price Performance

NYSEARCA:TIP opened at $105.62 on Friday. The firm has a market capitalization of $18.55 billion, a PE ratio of 11.92 and a beta of 0.09. The business’s fifty day moving average price is $106.58 and its 200 day moving average price is $105.79. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $110.88.

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).