Sage Capital Advisors llc Sells 1,241 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Sage Capital Advisors llc lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.3% during the fourth quarter, HoldingsChannel reports. The fund owned 52,708 shares of the exchange traded fund’s stock after selling 1,241 shares during the quarter. iShares TIPS Bond ETF comprises about 1.5% of Sage Capital Advisors llc’s portfolio, making the stock its 21st largest holding. Sage Capital Advisors llc’s holdings in iShares TIPS Bond ETF were worth $5,616,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF in the second quarter valued at $26,000. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF during the third quarter worth about $37,000. Strategic Investment Solutions Inc. IL increased its position in iShares TIPS Bond ETF by 102.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC lifted its position in shares of iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 298 shares during the period. Finally, Abich Financial Wealth Management LLC lifted its position in shares of iShares TIPS Bond ETF by 28.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 194 shares during the period.

iShares TIPS Bond ETF Price Performance

NYSEARCA TIP traded down $0.46 during mid-day trading on Friday, reaching $106.14. 2,575,011 shares of the stock were exchanged, compared to its average volume of 3,696,681. The stock has a market cap of $18.42 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The stock has a 50 day simple moving average of $107.58 and a 200-day simple moving average of $108.29.

iShares TIPS Bond ETF Profile

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).