Naples Global Advisors LLC Has $489,000 Position in iShares TIPS Bond ETF $TIP

Naples Global Advisors LLC cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,440 shares of the exchange traded fund’s stock after selling 362 shares during the quarter. Naples Global Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $489,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. PFG Investments LLC grew its stake in shares of iShares TIPS Bond ETF by 29.1% during the 2nd quarter. PFG Investments LLC now owns 16,084 shares of the exchange traded fund’s stock worth $1,770,000 after acquiring an additional 3,623 shares in the last quarter. First United Bank & Trust boosted its holdings in iShares TIPS Bond ETF by 44.5% during the second quarter. First United Bank & Trust now owns 6,450 shares of the exchange traded fund’s stock worth $710,000 after purchasing an additional 1,986 shares during the last quarter. White Pine Investment CO grew its position in iShares TIPS Bond ETF by 4.4% in the second quarter. White Pine Investment CO now owns 85,650 shares of the exchange traded fund’s stock valued at $9,425,000 after purchasing an additional 3,585 shares in the last quarter. Northwest Wealth Management LLC increased its stake in iShares TIPS Bond ETF by 1.1% in the 2nd quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock valued at $1,029,000 after buying an additional 101 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in iShares TIPS Bond ETF by 68.5% during the 2nd quarter. Sound Income Strategies LLC now owns 450 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 183 shares in the last quarter. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $111.05 on Friday. The company has a market cap of $13.94 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. The firm has a 50-day moving average of $110.86 and a 200-day moving average of $109.82. iShares TIPS Bond ETF has a one year low of $106.04 and a one year high of $112.26.

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).