Patton Albertson Miller Group LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 9.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,254 shares of the exchange traded fund’s stock after selling 1,226 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares TIPS Bond ETF were worth $1,361,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in iShares TIPS Bond ETF by 8.0% during the fourth quarter. Brighton Jones LLC now owns 14,855 shares of the exchange traded fund’s stock worth $1,583,000 after acquiring an additional 1,102 shares in the last quarter. Northwest & Ethical Investments L.P. bought a new position in iShares TIPS Bond ETF during the 4th quarter worth $7,652,000. Clear Investment Research LLC grew its stake in shares of iShares TIPS Bond ETF by 2.2% in the 4th quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock valued at $652,000 after buying an additional 130 shares during the period. SigFig Wealth Management LLC lifted its position in shares of iShares TIPS Bond ETF by 5.5% during the 4th quarter. SigFig Wealth Management LLC now owns 28,760 shares of the exchange traded fund’s stock worth $3,060,000 after buying an additional 1,491 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new stake in iShares TIPS Bond ETF during the 4th quarter valued at $47,000. Institutional investors own 63.62% of the company’s stock.
iShares TIPS Bond ETF Stock Performance
Shares of NYSEARCA:TIP opened at $109.58 on Friday. The firm has a fifty day moving average of $108.98 and a 200 day moving average of $108.84. iShares TIPS Bond ETF has a 52-week low of $106.04 and a 52-week high of $111.51. The firm has a market capitalization of $13.72 billion, a PE ratio of 12.40 and a beta of 0.19.
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).
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