Keystone Financial Services Sells 299 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Keystone Financial Services trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,831 shares of the exchange traded fund’s stock after selling 299 shares during the quarter. iShares TIPS Bond ETF accounts for approximately 2.4% of Keystone Financial Services’ holdings, making the stock its 11th largest position. Keystone Financial Services’ holdings in iShares TIPS Bond ETF were worth $4,100,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Mitsubishi UFJ Trust & Banking Corp bought a new position in iShares TIPS Bond ETF in the 4th quarter worth $598,196,000. JPMorgan Chase & Co. raised its holdings in iShares TIPS Bond ETF by 40.5% in the 4th quarter. JPMorgan Chase & Co. now owns 9,302,098 shares of the exchange traded fund’s stock worth $1,201,830,000 after purchasing an additional 2,683,615 shares during the period. SG Americas Securities LLC raised its holdings in iShares TIPS Bond ETF by 192.6% in the 4th quarter. SG Americas Securities LLC now owns 1,673,420 shares of the exchange traded fund’s stock worth $216,206,000 after purchasing an additional 1,101,442 shares during the period. LPL Financial LLC raised its holdings in iShares TIPS Bond ETF by 31.0% in the 4th quarter. LPL Financial LLC now owns 4,598,385 shares of the exchange traded fund’s stock worth $594,111,000 after purchasing an additional 1,087,593 shares during the period. Finally, Magnolia Wealth Management LLC raised its holdings in iShares TIPS Bond ETF by 8,421.5% in the 1st quarter. Magnolia Wealth Management LLC now owns 1,075,752 shares of the exchange traded fund’s stock worth $135,282,000 after purchasing an additional 1,063,128 shares during the period.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock traded down $0.33 during trading on Wednesday, reaching $115.07. The company had a trading volume of 88,505 shares, compared to its average volume of 5,621,841. iShares TIPS Bond ETF has a 52 week low of $113.01 and a 52 week high of $131.37. The firm’s 50-day simple moving average is $115.19 and its 200 day simple moving average is $120.01.

iShares TIPS Bond ETF Profile

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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).

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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