iShares TIPS Bond ETF $TIP Shares Sold by World Investment Advisors

World Investment Advisors lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,448 shares of the exchange traded fund’s stock after selling 875 shares during the period. World Investment Advisors’ holdings in iShares TIPS Bond ETF were worth $269,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Gladwyn Financial Advisors Inc. purchased a new position in shares of iShares TIPS Bond ETF during the second quarter worth $25,000. Golden State Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 295.0% in the 1st quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 177 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new position in iShares TIPS Bond ETF during the 1st quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares TIPS Bond ETF during the 2nd quarter valued at about $28,000. Finally, Avalon Trust Co acquired a new position in iShares TIPS Bond ETF in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $110.99 on Wednesday. The firm has a market capitalization of $14.14 billion, a PE ratio of 12.40 and a beta of 0.26. iShares TIPS Bond ETF has a 1 year low of $106.04 and a 1 year high of $112.26. The firm’s 50-day moving average is $111.44 and its two-hundred day moving average is $110.13.

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).