Visionary Wealth Advisors Trims Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Visionary Wealth Advisors reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,666 shares of the exchange traded fund’s stock after selling 1,620 shares during the period. Visionary Wealth Advisors’ holdings in iShares TIPS Bond ETF were worth $1,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $26,000. Transce3nd LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $29,000. Mainstream Capital Management LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $30,000. Biltmore Family Office LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $32,000. Finally, Measured Risk Portfolios Inc. purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $40,000.

iShares TIPS Bond ETF Trading Up 0.0%

Shares of TIP opened at $108.89 on Tuesday. The firm has a market cap of $13.85 billion, a P/E ratio of 12.40 and a beta of 0.29. iShares TIPS Bond ETF has a 12-month low of $104.69 and a 12-month high of $111.51. The company’s 50-day moving average price is $109.42 and its 200 day moving average price is $108.48.

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).