E&G Advisors LP Has $1.61 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

E&G Advisors LP lessened its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,090 shares of the exchange traded fund’s stock after selling 989 shares during the period. E&G Advisors LP’s holdings in iShares TIPS Bond ETF were worth $1,608,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its stake in iShares TIPS Bond ETF by 1,236.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock worth $3,168,000 after acquiring an additional 27,447 shares during the period. FC Advisory LLC raised its holdings in iShares TIPS Bond ETF by 3.3% in the third quarter. FC Advisory LLC now owns 5,401 shares of the exchange traded fund’s stock worth $597,000 after buying an additional 172 shares during the last quarter. Kwmg LLC raised its stake in shares of iShares TIPS Bond ETF by 3.4% in the third quarter. Kwmg LLC now owns 269,710 shares of the exchange traded fund’s stock worth $29,795,000 after purchasing an additional 8,938 shares during the last quarter. SMI Advisory Services LLC lifted its position in iShares TIPS Bond ETF by 1.4% during the third quarter. SMI Advisory Services LLC now owns 51,079 shares of the exchange traded fund’s stock valued at $5,588,000 after purchasing an additional 697 shares during the period. Finally, Heartwood Wealth Advisors LLC boosted its holdings in iShares TIPS Bond ETF by 1.0% in the third quarter. Heartwood Wealth Advisors LLC now owns 144,122 shares of the exchange traded fund’s stock worth $15,921,000 after purchasing an additional 1,486 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP opened at $108.26 on Tuesday. The firm has a fifty day simple moving average of $107.39 and a two-hundred day simple moving average of $108.34. The firm has a market cap of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06.

iShares TIPS Bond ETF Company 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).