HB Wealth Management LLC Sells 886 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

HB Wealth Management LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 17.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,240 shares of the exchange traded fund’s stock after selling 886 shares during the period. HB Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $452,000 at the end of the most recent quarter.

A number of other institutional investors have also 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 worth about $26,000. Eastern Bank purchased a new position in iShares TIPS Bond ETF in the 3rd quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL boosted its stake in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC grew its holdings in iShares TIPS Bond ETF by 125.7% during the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC raised its position in shares of iShares TIPS Bond ETF by 28.5% during the second quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 194 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

TIP stock opened at $107.14 on Thursday. The company’s fifty day moving average price is $107.39 and its 200-day moving average price is $108.32. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The company has a market capitalization of $18.59 billion, a PE ratio of 11.86 and a beta of 0.09.

iShares TIPS Bond ETF Company 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).