Oliver Lagore Vanvalin Investment Group Decreases Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Oliver Lagore Vanvalin Investment Group reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 786 shares of the exchange traded fund’s stock after selling 401 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in iShares TIPS Bond ETF were worth $84,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Smith Thornton Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the second quarter valued at about $740,000. The Manufacturers Life Insurance Company grew its position in iShares TIPS Bond ETF by 1,236.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock worth $3,168,000 after purchasing an additional 27,447 shares during the last quarter. Daymark Wealth Partners LLC purchased a new stake in iShares TIPS Bond ETF during the 2nd quarter worth approximately $703,000. Abich Financial Wealth Management LLC increased its stake in iShares TIPS Bond ETF by 28.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 194 shares in the last quarter. Finally, AlTi Global Inc. raised its holdings in shares of iShares TIPS Bond ETF by 16.6% in the second quarter. AlTi Global Inc. now owns 2,532 shares of the exchange traded fund’s stock worth $270,000 after buying an additional 361 shares during the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP opened at $110.54 on Friday. The company’s fifty day moving average price is $109.06 and its 200-day moving average price is $107.42. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $111.06. The firm has a market capitalization of $19.18 billion, a PE ratio of 11.86 and a beta of 0.09.

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).