iShares TIPS Bond ETF $TIP Holdings Lowered by RFG Advisory LLC

RFG Advisory LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 75.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,899 shares of the exchange traded fund’s stock after selling 40,715 shares during the period. RFG Advisory LLC’s holdings in iShares TIPS Bond ETF were worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. TD Capital Management LLC bought a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new position in iShares TIPS Bond ETF during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $30,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at $40,000. Finally, Golden State Wealth Management LLC raised its stake in shares of iShares TIPS Bond ETF by 52.9% in the 4th quarter. Golden State Wealth Management LLC now owns 396 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 137 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

iShares TIPS Bond ETF Stock Down 0.5%

Shares of iShares TIPS Bond ETF stock opened at $105.84 on Friday. The business has a fifty day simple moving average of $107.36 and a 200-day simple moving average of $109.44. iShares TIPS Bond ETF has a fifty-two week low of $105.82 and a fifty-two week high of $112.26. The firm has a market cap of $14.32 billion, a price-to-earnings ratio of 12.40 and a beta of 0.26.

About iShares TIPS Bond ETF

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.