iShares TIPS Bond ETF (NYSEARCA:TIP) Stake Lowered by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,942 shares of the exchange traded fund’s stock after selling 303 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $846,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of Jackson Hole Trust acquired a new position in shares of iShares TIPS Bond ETF during the fourth quarter worth approximately $115,000. Kestra Investment Management LLC acquired a new stake in iShares TIPS Bond ETF in the fourth quarter worth approximately $45,000. Atria Wealth Solutions Inc. lifted its position in iShares TIPS Bond ETF by 29.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 82,827 shares of the exchange traded fund’s stock worth $8,825,000 after purchasing an additional 18,906 shares during the period. D.A. Davidson & CO. lifted its position in iShares TIPS Bond ETF by 3.4% in the fourth quarter. D.A. Davidson & CO. now owns 86,956 shares of the exchange traded fund’s stock worth $9,265,000 after purchasing an additional 2,843 shares during the period. Finally, Citizens & Northern Corp lifted its position in iShares TIPS Bond ETF by 42.9% in the fourth quarter. Citizens & Northern Corp now owns 5,063 shares of the exchange traded fund’s stock worth $539,000 after purchasing an additional 1,519 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP opened at $108.26 on Wednesday. The company has a market capitalization of $18.78 billion, a price-to-earnings 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. The business has a 50 day moving average price of $107.37 and a two-hundred day moving average price of $108.42.

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).