iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Darden Wealth Group Inc

Darden Wealth Group Inc reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,050 shares of the exchange traded fund’s stock after selling 278 shares during the period. iShares TIPS Bond ETF comprises approximately 1.2% of Darden Wealth Group Inc’s holdings, making the stock its 17th biggest position. Darden Wealth Group Inc’s holdings in iShares TIPS Bond ETF were worth $1,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of TIP. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter valued at approximately $26,000. Mainstream Capital Management LLC bought a new position in iShares TIPS Bond ETF during the fourth quarter worth $30,000. Biltmore Family Office LLC acquired a new position in iShares TIPS Bond ETF in the fourth quarter worth $32,000. Kestra Investment Management LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter valued at $45,000. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of iShares TIPS Bond ETF in the 4th quarter worth about $47,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of NYSEARCA:TIP opened at $110.60 on Friday. The company has a market cap of $14.50 billion, a PE ratio of 12.43 and a beta of 0.29. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.51. The firm has a 50-day simple moving average of $109.33 and a 200 day simple moving average of $108.58.

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).