iShares TIPS Bond ETF (NYSEARCA:TIP) Stock Holdings Lowered by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 472 shares of the exchange traded fund’s stock after selling 107 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares TIPS Bond ETF were worth $52,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TIP. William B. Walkup & Associates Inc. bought a new position in shares of iShares TIPS Bond ETF in the second quarter valued at approximately $26,000. Private Ocean LLC boosted its stake in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 116 shares in the last quarter. Gradient Investments LLC increased its position in shares of iShares TIPS Bond ETF by 352.7% during the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 261 shares during the period. Hobbs Group Advisors LLC bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter worth $40,000. Finally, Rothschild Investment LLC acquired a new stake in shares of iShares TIPS Bond ETF in the second quarter valued at $47,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of TIP stock opened at $108.43 on Thursday. The stock has a 50-day simple moving average of $109.62 and a 200 day simple moving average of $107.75. iShares TIPS Bond ETF has a fifty-two week low of $102.40 and a fifty-two week high of $111.06. The stock has a market capitalization of $18.81 billion, a P/E 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).