SG Americas Securities LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 65.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,294 shares of the exchange traded fund’s stock after selling 192,151 shares during the period. SG Americas Securities LLC owned approximately 0.08% of iShares TIPS Bond ETF worth $10,926,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions 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. MJT & Associates Financial Advisory Group Inc. acquired a new stake in iShares TIPS Bond ETF during the 1st quarter worth about $26,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares TIPS Bond ETF during the 2nd quarter worth about $28,000. Avalon Trust Co purchased a new position in shares of iShares TIPS Bond ETF during the 1st quarter valued at about $31,000. Finally, Grove Bank & Trust purchased a new position in shares of iShares TIPS Bond ETF during the 2nd quarter valued at about $31,000. 63.62% of the stock is owned by hedge funds and other institutional investors.
iShares TIPS Bond ETF Stock Down 0.1%
Shares of TIP opened at $110.75 on Monday. iShares TIPS Bond ETF has a 52 week low of $106.04 and a 52 week high of $112.26. The company has a market capitalization of $14.07 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26. The stock’s 50-day moving average price is $111.41 and its 200-day moving average price is $110.20.
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).
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