Integrated Advisors Network LLC Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Integrated Advisors Network LLC trimmed its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.0% in the 1st quarter, Holdings Channel reports. The firm owned 16,071 shares of the exchange traded fund’s stock after selling 665 shares during the period. Integrated Advisors Network LLC’s holdings in iShares TIPS Bond ETF were worth $1,785,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tidal Investments LLC boosted its position in iShares TIPS Bond ETF by 0.7% in the fourth quarter. Tidal Investments LLC now owns 17,017 shares of the exchange traded fund’s stock worth $1,813,000 after purchasing an additional 112 shares during the last quarter. Evexia Wealth LLC boosted its holdings in shares of iShares TIPS Bond ETF by 2.9% in the first quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock worth $443,000 after buying an additional 113 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of iShares TIPS Bond ETF by 2.7% in the fourth quarter. Invesco Ltd. now owns 4,343 shares of the exchange traded fund’s stock worth $463,000 after buying an additional 116 shares during the last quarter. Baker Avenue Asset Management LP grew its position in iShares TIPS Bond ETF by 4.1% during the fourth quarter. Baker Avenue Asset Management LP now owns 2,961 shares of the exchange traded fund’s stock valued at $315,000 after buying an additional 116 shares during the period. Finally, Clear Investment Research LLC increased its holdings in iShares TIPS Bond ETF by 2.2% during the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock valued at $652,000 after buying an additional 130 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.2%

TIP opened at $108.45 on Thursday. The firm’s 50 day simple moving average is $108.89 and its two-hundred day simple moving average is $108.56. The company has a market capitalization of $13.81 billion, a PE ratio of 12.40 and a beta of 0.28. iShares TIPS Bond ETF has a 1-year low of $105.85 and a 1-year high of $111.51.

About iShares TIPS Bond ETF

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).