Journey Advisory Group LLC Has $419,000 Holdings in iShares TIPS Bond ETF $TIP

Journey Advisory Group LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,812 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares TIPS Bond ETF were worth $419,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Fairway Wealth LLC raised its position in iShares TIPS Bond ETF by 9.5% during the second quarter. Fairway Wealth LLC now owns 13,934 shares of the exchange traded fund’s stock worth $1,533,000 after acquiring an additional 1,212 shares in the last quarter. Arbor Investment Advisors LLC raised its position in shares of iShares TIPS Bond ETF by 2.0% in the second quarter. Arbor Investment Advisors LLC now owns 314,433 shares of the exchange traded fund’s stock valued at $34,600,000 after purchasing an additional 6,157 shares during the period. Lyell Wealth Management LP grew its stake in shares of iShares TIPS Bond ETF by 0.4% in the second quarter. Lyell Wealth Management LP now owns 24,308 shares of the exchange traded fund’s stock valued at $2,675,000 after acquiring an additional 95 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of iShares TIPS Bond ETF by 48.0% in the second quarter. Chicago Partners Investment Group LLC now owns 26,128 shares of the exchange traded fund’s stock valued at $2,865,000 after acquiring an additional 8,474 shares in the last quarter. Finally, Sigma Investment Counselors Inc. grew its stake in shares of iShares TIPS Bond ETF by 5.9% in the second quarter. Sigma Investment Counselors Inc. now owns 29,871 shares of the exchange traded fund’s stock valued at $3,287,000 after acquiring an additional 1,668 shares in the last quarter. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Up 0.1%

Shares of iShares TIPS Bond ETF stock opened at $111.78 on Tuesday. The company has a market capitalization of $14.14 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26. The firm’s 50-day moving average price is $111.15 and its two-hundred day moving average price is $109.90.

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).