Buck Wealth Strategies LLC Sells 4,562 Shares of iShares TIPS Bond ETF $TIP

Buck Wealth Strategies LLC trimmed its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.2% during the 4th quarter, Holdings Channel reports. The firm owned 103,918 shares of the exchange traded fund’s stock after selling 4,562 shares during the quarter. Buck Wealth Strategies LLC’s holdings in iShares TIPS Bond ETF were worth $11,422,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TIP. Woodside Wealth Management LLC boosted its stake in shares of iShares TIPS Bond ETF by 167.8% during the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 151 shares during the period. Laurel Wealth Advisors LLC purchased a new position in iShares TIPS Bond ETF in the 4th quarter worth about $28,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares TIPS Bond ETF during the 4th quarter valued at about $29,000. Root Financial Partners LLC purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $33,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $34,000. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Up 0.3%

Shares of iShares TIPS Bond ETF stock opened at $111.40 on Friday. The stock’s fifty day moving average is $111.07 and its two-hundred day moving average is $110.82. The company has a market capitalization of $14.74 billion, a PE ratio of 12.40 and a beta of 0.27. iShares TIPS Bond ETF has a 52 week low of $107.98 and a 52 week high of $112.26.

About iShares TIPS Bond ETF

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.