Courier Capital LLC Reduces Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Courier Capital LLC trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,692 shares of the exchange traded fund’s stock after selling 99 shares during the quarter. Courier Capital LLC’s holdings in iShares TIPS Bond ETF were worth $1,513,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter worth about $26,000. Private Ocean LLC increased its holdings in iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares during the last quarter. Eastern Bank bought a new stake in iShares TIPS Bond ETF in the third quarter valued at about $37,000. Gradient Investments LLC increased its holdings in iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC bought a new stake in iShares TIPS Bond ETF in the second quarter valued at about $40,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of iShares TIPS Bond ETF stock opened at $108.43 on Thursday. The firm has a market cap of $18.81 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $102.40 and a fifty-two week high of $111.06. The business has a 50-day moving average price of $109.62 and a 200 day moving average price of $107.75.

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).