Institute for Wealth Management LLC. Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Institute for Wealth Management LLC. lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,300 shares of the exchange traded fund’s stock after selling 3,732 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares TIPS Bond ETF were worth $1,430,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Cutler Group LP raised its holdings in iShares TIPS Bond ETF by 50.0% during the third quarter. Cutler Group LP now owns 300 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 100 shares in the last quarter. Sunesis Advisors LLC increased its position in iShares TIPS Bond ETF by 6.7% in the 3rd quarter. Sunesis Advisors LLC now owns 17,288 shares of the exchange traded fund’s stock worth $2,010,000 after buying an additional 1,081 shares during the period. 1 North Wealth Services LLC bought a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $8,653,000. Brighton Jones LLC increased its position in iShares TIPS Bond ETF by 1.3% in the 3rd quarter. Brighton Jones LLC now owns 15,526 shares of the exchange traded fund’s stock worth $1,806,000 after buying an additional 201 shares during the period. Finally, Sensible Financial Planning & Management LLC. increased its position in iShares TIPS Bond ETF by 2.1% in the 3rd quarter. Sensible Financial Planning & Management LLC. now owns 4,220 shares of the exchange traded fund’s stock worth $491,000 after buying an additional 88 shares during the period.

NYSEARCA TIP traded down $0.56 during trading on Monday, hitting $115.56. The company’s stock had a trading volume of 841,845 shares, compared to its average volume of 1,272,103. The firm has a 50 day moving average price of $116.24 and a 200 day moving average price of $115.16. iShares TIPS Bond ETF has a 52 week low of $107.53 and a 52 week high of $118.21.

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).

See Also: Overbought

Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

Receive News & Ratings for iShares TIPS Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares TIPS Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.