Focus Partners Advisor Solutions LLC Has $2.02 Million Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Focus Partners Advisor Solutions LLC reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,920 shares of the exchange traded fund’s stock after selling 4,663 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares TIPS Bond ETF were worth $2,016,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after buying an additional 51,713 shares during the period. Sterling Financial Planning Inc. lifted its position in iShares TIPS Bond ETF by 70.6% during the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after acquiring an additional 10,345 shares during the last quarter. Merit Financial Group LLC boosted its holdings in iShares TIPS Bond ETF by 167.4% during the fourth quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 3,183 shares during the period. M&T Bank Corp grew its position in shares of iShares TIPS Bond ETF by 7.1% in the fourth quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after purchasing an additional 2,993 shares during the last quarter. Finally, SigFig Wealth Management LLC grew its position in shares of iShares TIPS Bond ETF by 5.5% in the fourth quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock valued at $3,060,000 after purchasing an additional 1,491 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $108.14 on Thursday. iShares TIPS Bond ETF has a twelve month low of $104.69 and a twelve month high of $111.51. The stock has a market capitalization of $13.76 billion, a PE ratio of 12.40 and a beta of 0.29. The stock has a 50-day simple moving average of $109.37 and a 200 day simple moving average of $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).