Fiduciary Alliance LLC Reduces Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Fiduciary Alliance LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,019 shares of the exchange traded fund’s stock after selling 487 shares during the period. Fiduciary Alliance LLC’s holdings in iShares TIPS Bond ETF were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Baldwin Brothers LLC MA boosted its position in iShares TIPS Bond ETF by 19.0% in the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock worth $34,443,000 after purchasing an additional 51,104 shares in the last quarter. Ieq Capital LLC raised its stake in shares of iShares TIPS Bond ETF by 3.9% during the 4th quarter. Ieq Capital LLC now owns 4,611 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 174 shares during the period. Summit Financial Strategies Inc. raised its stake in shares of iShares TIPS Bond ETF by 35.3% during the 4th quarter. Summit Financial Strategies Inc. now owns 3,056 shares of the exchange traded fund’s stock worth $328,000 after buying an additional 797 shares during the period. Berger Financial Group Inc raised its stake in shares of iShares TIPS Bond ETF by 11.2% during the 4th quarter. Berger Financial Group Inc now owns 2,636 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 265 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of iShares TIPS Bond ETF by 86.1% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock worth $468,000 after buying an additional 2,014 shares during the period.

iShares TIPS Bond ETF Stock Down 0.3 %

iShares TIPS Bond ETF stock opened at $106.78 on Monday. The company has a fifty day simple moving average of $106.38 and a 200-day simple moving average of $106.69. The firm has a market capitalization of $18.53 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52-week low of $101.74 and a 52-week high of $108.54.

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).