Corient Private Wealth LLC Has $5.50 Million Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Corient Private Wealth LLC trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 51,618 shares of the exchange traded fund’s stock after selling 7,364 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $5,500,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC increased its position in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares in the last quarter. FC Advisory LLC grew its holdings in iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares during the last quarter. TI Trust Inc. grew its holdings in iShares TIPS Bond ETF by 0.7% during the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after acquiring an additional 147 shares during the last quarter. Jacobi Capital Management LLC grew its holdings in iShares TIPS Bond ETF by 1.4% during the 4th quarter. Jacobi Capital Management LLC now owns 10,785 shares of the exchange traded fund’s stock worth $1,149,000 after acquiring an additional 151 shares during the last quarter. Finally, First United Bank & Trust grew its holdings in iShares TIPS Bond ETF by 4.7% during the 4th quarter. First United Bank & Trust now owns 3,620 shares of the exchange traded fund’s stock worth $386,000 after acquiring an additional 162 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

TIP opened at $110.10 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The firm has a market capitalization of $14.34 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28. The company’s 50 day moving average price is $108.66 and its two-hundred day moving average price is $108.56.

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).