iShares TIPS Bond ETF $TIP Stock Sold by Sage Capital Advisors llc

Sage Capital Advisors llc reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 44.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,538 shares of the exchange traded fund’s stock after selling 11,583 shares during the period. Sage Capital Advisors llc’s holdings in iShares TIPS Bond ETF were worth $1,512,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fermata Advisors LLC raised its position in iShares TIPS Bond ETF by 3.3% during the 3rd quarter. Fermata Advisors LLC now owns 46,772 shares of the exchange traded fund’s stock valued at $4,866,000 after purchasing an additional 1,513 shares in the last quarter. Avior Wealth Management LLC bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth $6,769,000. RTD Financial Advisors Inc. grew its position in shares of iShares TIPS Bond ETF by 0.6% during the 3rd quarter. RTD Financial Advisors Inc. now owns 143,239 shares of the exchange traded fund’s stock worth $14,903,000 after buying an additional 821 shares in the last quarter. Atlas Brown Inc. bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth $696,000. Finally, Davidson Trust Co. bought a new position in shares of iShares TIPS Bond ETF during the 3rd quarter worth $261,000. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Trading Up 0.0%

Shares of iShares TIPS Bond ETF stock traded up $0.04 during trading on Tuesday, hitting $104.53. 832,396 shares of the stock traded hands, compared to its average volume of 2,217,560. The firm has a market cap of $14.28 billion, a P/E ratio of 12.40 and a beta of 0.27. The stock’s fifty day simple moving average is $106.05 and its 200 day simple moving average is $108.48. iShares TIPS Bond ETF has a 52-week low of $103.75 and a 52-week high of $112.24.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.