Allworth Financial LP Sells 14,329 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Allworth Financial LP lowered its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 39.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,092 shares of the exchange traded fund’s stock after selling 14,329 shares during the period. Allworth Financial LP’s holdings in iShares TIPS Bond ETF were worth $2,367,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers raised its stake in iShares TIPS Bond ETF by 0.5% in the 4th quarter. Rhumbline Advisers now owns 288,596 shares of the exchange traded fund’s stock worth $30,750,000 after purchasing an additional 1,459 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter valued at approximately $1,135,000. DORVAL Corp boosted its stake in shares of iShares TIPS Bond ETF by 5.7% in the fourth quarter. DORVAL Corp now owns 157,951 shares of the exchange traded fund’s stock valued at $16,830,000 after buying an additional 8,572 shares during the period. TFB Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $1,071,000. Finally, Shade Tree Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth approximately $362,000.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA TIP opened at $108.26 on Wednesday. The stock has a market capitalization of $18.78 billion, a PE 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. The business has a fifty day moving average price of $107.37 and a two-hundred day moving average price of $108.42.

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).