Bulltick Wealth Management LLC Lowers Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Bulltick Wealth Management LLC cut its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 29.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,979 shares of the exchange traded fund’s stock after selling 833 shares during the quarter. Bulltick Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $211,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. YHB Investment Advisors Inc. purchased a new position in iShares TIPS Bond ETF in the first quarter valued at about $30,000. Private Ocean LLC lifted its position in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 116 shares during the last quarter. Salem Investment Counselors Inc. purchased a new position in shares of iShares TIPS Bond ETF in the 1st quarter worth approximately $36,000. Gradient Investments LLC grew its position in shares of iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $40,000.

iShares TIPS Bond ETF Trading Down 0.1 %

NYSEARCA TIP opened at $110.55 on Friday. The firm’s fifty day simple moving average is $108.77 and its two-hundred day simple moving average is $107.31. The firm has a market capitalization of $19.18 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12-month low of $101.74 and a 12-month high of $111.06.

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).