Global Assets Advisory LLC Reduces Holdings in iShares TIPS Bond ETF $TIP

Global Assets Advisory LLC decreased its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 61.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,270 shares of the exchange traded fund’s stock after selling 3,691 shares during the period. Global Assets Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in iShares TIPS Bond ETF in the 1st quarter worth about $26,000. Golden State Wealth Management LLC raised its holdings in shares of iShares TIPS Bond ETF by 295.0% in the first quarter. Golden State Wealth Management LLC now owns 237 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 177 shares during the period. NBC Securities Inc. bought a new stake in shares of iShares TIPS Bond ETF during the 1st quarter worth approximately $26,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares TIPS Bond ETF during the 2nd quarter valued at $28,000. Finally, Avalon Trust Co purchased a new position in iShares TIPS Bond ETF during the 1st quarter valued at $31,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Stock Down 0.2%

TIP stock opened at $110.86 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $106.04 and a twelve month high of $112.26. The firm has a market cap of $13.97 billion, a price-to-earnings ratio of 12.40 and a beta of 0.19. The business’s fifty day simple moving average is $110.89 and its two-hundred day simple moving average is $109.82.

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).