Successful Portfolios LLC Cuts Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Successful Portfolios LLC decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,809 shares of the exchange traded fund’s stock after selling 205 shares during the period. Successful Portfolios LLC’s holdings in iShares TIPS Bond ETF were worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TIP. Trexquant Investment LP acquired a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $310,000. Tower Research Capital LLC TRC lifted its stake in shares of iShares TIPS Bond ETF by 10,255.2% during the third quarter. Tower Research Capital LLC TRC now owns 3,003 shares of the exchange traded fund’s stock worth $311,000 after buying an additional 2,974 shares during the period. United Services Automobile Association grew its holdings in shares of iShares TIPS Bond ETF by 33.0% during the third quarter. United Services Automobile Association now owns 18,788 shares of the exchange traded fund’s stock valued at $1,949,000 after buying an additional 4,664 shares during the last quarter. Stone House Investment Management LLC increased its position in shares of iShares TIPS Bond ETF by 2,679.0% in the 3rd quarter. Stone House Investment Management LLC now owns 18,703 shares of the exchange traded fund’s stock valued at $1,940,000 after acquiring an additional 18,030 shares during the period. Finally, Axxcess Wealth Management LLC increased its position in shares of iShares TIPS Bond ETF by 246.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 24,779 shares of the exchange traded fund’s stock valued at $2,570,000 after acquiring an additional 17,633 shares during the period.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of NYSEARCA:TIP opened at $106.78 on Monday. The business has a 50-day moving average price of $106.38 and a 200-day moving average price of $106.69. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54.

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).