Graypoint LLC Reduces Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Graypoint LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,050 shares of the exchange traded fund’s stock after selling 153 shares during the quarter. Graypoint LLC’s holdings in iShares TIPS Bond ETF were worth $964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of TIP. FMR LLC boosted its holdings in iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares during the period. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at about $102,200,000. Envestnet Asset Management Inc. lifted its holdings in iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after buying an additional 410,284 shares during the period. International Assets Investment Management LLC lifted its holdings in iShares TIPS Bond ETF by 10,652.4% in the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in iShares TIPS Bond ETF in the 2nd quarter worth approximately $24,990,000.

iShares TIPS Bond ETF Stock Performance

NYSEARCA TIP opened at $106.22 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The stock has a 50 day simple moving average of $107.55 and a two-hundred day simple moving average of $108.28. The stock has a market cap of $18.43 billion, a P/E 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).