AdvisorNet Financial Inc trimmed its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 41.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,534 shares of the exchange traded fund’s stock after selling 3,260 shares during the period. AdvisorNet Financial Inc’s holdings in iShares TIPS Bond ETF were worth $483,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the business. William B. Walkup & Associates Inc. purchased a new position in iShares TIPS Bond ETF during the second quarter valued at approximately $26,000. Eastern Bank purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of 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 valued at $45,000 after purchasing an additional 204 shares during the period. Sound Income Strategies LLC boosted its holdings in iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC grew its position in 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 period.
iShares TIPS Bond ETF Stock Performance
TIP opened at $107.00 on Thursday. The company has a fifty day moving average of $107.48 and a two-hundred day moving average of $108.29. The stock has a market capitalization of $18.56 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06.
iShares TIPS Bond ETF 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).
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