Ellenbecker Investment Group Decreases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Ellenbecker Investment Group reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 68.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,116 shares of the exchange traded fund’s stock after selling 4,507 shares during the quarter. Ellenbecker Investment Group’s holdings in iShares TIPS Bond ETF were worth $235,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of iShares TIPS Bond ETF by 10.6% during the 4th quarter. FMR LLC now owns 7,729,985 shares of the exchange traded fund’s stock worth $823,630,000 after purchasing an additional 739,540 shares during the last quarter. Rock Creek Group LP lifted its stake in shares of iShares TIPS Bond ETF by 0.7% during the 4th quarter. Rock Creek Group LP now owns 2,764,310 shares of the exchange traded fund’s stock worth $294,537,000 after purchasing an additional 18,908 shares during the last quarter. Assetmark Inc. lifted its stake in shares of iShares TIPS Bond ETF by 1,852.1% during the 4th quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock worth $154,764,000 after purchasing an additional 1,378,094 shares during the last quarter. LPL Financial LLC raised its stake in iShares TIPS Bond ETF by 5.0% in the fourth quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock valued at $117,620,000 after buying an additional 52,479 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in iShares TIPS Bond ETF by 3,416.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,044,440 shares of the exchange traded fund’s stock valued at $111,285,000 after buying an additional 1,014,735 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

iShares TIPS Bond ETF stock opened at $108.27 on Wednesday. The stock has a 50-day moving average of $108.93 and a two-hundred day moving average of $108.56. iShares TIPS Bond ETF has a one year low of $105.85 and a one year high of $111.51. The stock has a market cap of $13.78 billion, a PE ratio of 12.40 and a beta of 0.28.

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).