Commonwealth Equity Services LLC Sells 81,968 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Commonwealth Equity Services LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 352,682 shares of the exchange traded fund’s stock after selling 81,968 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares TIPS Bond ETF were worth $38,961,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at $26,000. Private Ocean LLC boosted its holdings in iShares TIPS Bond ETF by 66.7% in the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 116 shares during the last quarter. Salem Investment Counselors Inc. acquired a new stake in iShares TIPS Bond ETF in the first quarter worth about $36,000. Gradient Investments LLC increased its position in iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 261 shares during the period. Finally, Hobbs Group Advisors LLC bought a new stake in iShares TIPS Bond ETF during the 2nd quarter worth about $40,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA TIP opened at $109.36 on Monday. iShares TIPS Bond ETF has a 1 year low of $102.32 and a 1 year high of $111.06. The firm’s 50-day moving average is $109.62 and its 200-day moving average is $107.72. The firm has a market capitalization of $18.97 billion, a PE ratio of 11.86 and a beta of 0.09.

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).