iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Wallace Advisory Group LLC

Wallace Advisory Group LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 15.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,777 shares of the exchange traded fund’s stock after selling 1,658 shares during the quarter. Wallace Advisory Group LLC’s holdings in iShares TIPS Bond ETF were worth $937,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TIP. Inscription Capital LLC grew its stake in iShares TIPS Bond ETF by 78.9% during the 1st quarter. Inscription Capital LLC now owns 7,315 shares of the exchange traded fund’s stock valued at $782,000 after acquiring an additional 3,225 shares in the last quarter. Kingfisher Capital LLC grew its position in shares of iShares TIPS Bond ETF by 4.3% in the fourth quarter. Kingfisher Capital LLC now owns 7,996 shares of the exchange traded fund’s stock valued at $859,000 after purchasing an additional 327 shares in the last quarter. Angeles Wealth Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 13,850.0% in the fourth quarter. Angeles Wealth Management LLC now owns 4,743 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 4,709 shares during the last quarter. Mosley Wealth Management purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth approximately $607,000. Finally, Confluence Wealth Services Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth $213,000.

iShares TIPS Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:TIP opened at $110.54 on Monday. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $111.06. The stock has a market cap of $19.18 billion, a P/E ratio of 11.86 and a beta of 0.09. The business has a fifty day moving average of $109.06 and a two-hundred day moving average of $107.42.

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).