Integrated Wealth Concepts LLC Lowers Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Integrated Wealth Concepts LLC lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,503 shares of the exchange traded fund’s stock after selling 1,938 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares TIPS Bond ETF were worth $1,545,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of iShares TIPS Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Sterling Financial Planning Inc. raised its stake in shares of iShares TIPS Bond ETF by 70.6% in the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock valued at $2,664,000 after acquiring an additional 10,345 shares during the period. Merit Financial Group LLC raised its stake in shares of iShares TIPS Bond ETF by 167.4% in the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 3,183 shares during the period. M&T Bank Corp raised its stake in shares of iShares TIPS Bond ETF by 7.1% in the 4th quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after acquiring an additional 2,993 shares during the period. Finally, SigFig Wealth Management LLC raised its stake in shares of iShares TIPS Bond ETF by 5.5% in the 4th quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock valued at $3,060,000 after acquiring an additional 1,491 shares during the period.

iShares TIPS Bond ETF Trading Up 0.3 %

Shares of TIP stock opened at $110.20 on Tuesday. The company’s fifty day simple moving average is $109.58 and its 200-day simple moving average is $108.44. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.51. The company has a market cap of $14.07 billion, a PE ratio of 12.22 and a beta of 0.29.

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).