Wealth Alliance Reduces Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Wealth Alliance lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,146 shares of the exchange traded fund’s stock after selling 642 shares during the quarter. Wealth Alliance’s holdings in iShares TIPS Bond ETF were worth $3,638,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FMR LLC increased its position in shares of iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after purchasing an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares TIPS Bond ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock valued at $318,257,000 after buying an additional 51,713 shares during the period. Sumitomo Life Insurance Co. grew its position in iShares TIPS Bond ETF by 58.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after buying an additional 536,610 shares during the period. Baldwin Wealth Partners LLC MA increased its holdings in iShares TIPS Bond ETF by 52.6% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 429,183 shares of the exchange traded fund’s stock valued at $45,729,000 after buying an additional 147,849 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after acquiring an additional 398,292 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of iShares TIPS Bond ETF stock opened at $108.48 on Thursday. The stock has a market capitalization of $18.82 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. The company’s fifty day simple moving average is $107.36 and its 200-day simple moving average is $108.41.

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).