Sigma Planning Corp Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Sigma Planning Corp reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 58.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,185 shares of the exchange traded fund’s stock after selling 26,990 shares during the period. Sigma Planning Corp’s holdings in iShares TIPS Bond ETF were worth $2,062,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Fortis Group Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the third quarter valued at approximately $27,000. Trifecta Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $27,000. Fortis Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $28,000. Finally, Life Planning Partners Inc purchased a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $30,000.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $105.78 on Monday. iShares TIPS Bond ETF has a 1 year low of $101.74 and a 1 year high of $110.88. The stock’s 50 day simple moving average is $106.57 and its two-hundred day simple moving average is $105.86. The company has a market cap of $18.57 billion, a PE ratio of 11.92 and a beta of 0.09.

iShares TIPS Bond ETF Company Profile

(Free Report)

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).

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Want to see what other hedge funds are holding TIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares TIPS Bond ETF (NYSEARCA:TIPFree Report).

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

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