iShares TIPS Bond ETF $TIP Stock Sold by Wealth Forward LLC

Wealth Forward LLC lowered its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 53.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,625 shares of the exchange traded fund’s stock after selling 50,041 shares during the period. iShares TIPS Bond ETF makes up approximately 2.0% of Wealth Forward LLC’s holdings, making the stock its 16th largest holding. Wealth Forward LLC’s holdings in iShares TIPS Bond ETF were worth $4,539,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TIP. Wernau Asset Management Inc. lifted its stake in iShares TIPS Bond ETF by 4.6% in the first quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock worth $228,000 after acquiring an additional 91 shares during the period. Foster & Motley Inc. increased its position in iShares TIPS Bond ETF by 0.3% during the 1st quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock valued at $3,646,000 after purchasing an additional 92 shares during the period. Auour Investments LLC increased its position in iShares TIPS Bond ETF by 2.3% during the 1st quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock valued at $449,000 after purchasing an additional 93 shares during the period. Kintra Wealth LLC increased its position in iShares TIPS Bond ETF by 3.4% during the 2nd quarter. Kintra Wealth LLC now owns 2,834 shares of the exchange traded fund’s stock valued at $304,000 after purchasing an additional 94 shares during the period. Finally, FC Advisory LLC raised its holdings in iShares TIPS Bond ETF by 1.9% in the 2nd quarter. FC Advisory LLC now owns 5,445 shares of the exchange traded fund’s stock worth $596,000 after purchasing an additional 102 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Up 0.1%

NYSEARCA TIP traded up $0.10 during trading on Wednesday, hitting $104.67. The company had a trading volume of 1,033,453 shares, compared to its average volume of 2,214,790. The company’s fifty day moving average is $106.00 and its 200-day moving average is $108.44. iShares TIPS Bond ETF has a one year low of $103.75 and a one year high of $112.24. The company has a market cap of $14.30 billion, a price-to-earnings ratio of 12.40 and a beta of 0.27.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.