3EDGE Asset Management LP Decreases Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

3EDGE Asset Management LP lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 34.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 794,973 shares of the exchange traded fund’s stock after selling 410,036 shares during the quarter. iShares TIPS Bond ETF comprises 5.2% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 6th biggest position. 3EDGE Asset Management LP’s holdings in iShares TIPS Bond ETF were worth $84,704,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of TIP. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares in the last quarter. FC Advisory LLC boosted its stake in iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 110 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in iShares TIPS Bond ETF by 1.8% in the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares in the last quarter. Cutter & CO Brokerage Inc. grew its position in iShares TIPS Bond ETF by 2.4% in the third quarter. Cutter & CO Brokerage Inc. now owns 5,467 shares of the exchange traded fund’s stock valued at $604,000 after acquiring an additional 126 shares during the last quarter. Finally, Colony Family Offices LLC raised its stake in iShares TIPS Bond ETF by 7.0% during the third quarter. Colony Family Offices LLC now owns 2,039 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 133 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.3 %

TIP stock opened at $108.26 on Wednesday. The stock has a market capitalization of $18.78 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a 50-day moving average price of $107.37 and a 200-day moving average price of $108.42. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month high of $111.06.

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).