iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Palisade Asset Management LLC

Palisade Asset Management LLC cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 8,470 shares of the exchange traded fund’s stock after selling 500 shares during the period. Palisade Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $941,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidal Investments LLC grew its holdings in shares of iShares TIPS Bond ETF by 0.7% during the 4th quarter. Tidal Investments LLC now owns 17,017 shares of the exchange traded fund’s stock worth $1,813,000 after purchasing an additional 112 shares during the period. Evexia Wealth LLC lifted its position in iShares TIPS Bond ETF by 2.9% during the first quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 113 shares in the last quarter. Invesco Ltd. grew its stake in iShares TIPS Bond ETF by 2.7% during the fourth quarter. Invesco Ltd. now owns 4,343 shares of the exchange traded fund’s stock worth $463,000 after buying an additional 116 shares during the period. Baker Avenue Asset Management LP grew its stake in iShares TIPS Bond ETF by 4.1% during the fourth quarter. Baker Avenue Asset Management LP now owns 2,961 shares of the exchange traded fund’s stock worth $315,000 after buying an additional 116 shares during the period. Finally, Clear Investment Research LLC increased its position in shares of iShares TIPS Bond ETF by 2.2% in the fourth quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock worth $652,000 after acquiring an additional 130 shares in the last quarter.

iShares TIPS Bond ETF Trading Up 0.1%

Shares of TIP stock opened at $109.38 on Tuesday. The company has a market cap of $13.90 billion, a PE ratio of 12.40 and a beta of 0.28. The company’s fifty day simple moving average is $108.92 and its 200-day simple moving average is $108.58. iShares TIPS Bond ETF has a 52 week low of $105.85 and a 52 week high of $111.51.

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).