Advisory Services Network LLC Sells 6,023 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Advisory Services Network LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,540 shares of the exchange traded fund’s stock after selling 6,023 shares during the period. Advisory Services Network LLC’s holdings in iShares TIPS Bond ETF were worth $2,721,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Point72 Asset Management L.P. acquired a new position in iShares TIPS Bond ETF in the third quarter valued at about $279,000. Barclays PLC grew its position in shares of iShares TIPS Bond ETF by 96.9% in the 3rd quarter. Barclays PLC now owns 56,475 shares of the exchange traded fund’s stock valued at $6,238,000 after purchasing an additional 27,792 shares during the period. Wilmington Savings Fund Society FSB increased its stake in iShares TIPS Bond ETF by 302.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,160 shares of the exchange traded fund’s stock worth $1,122,000 after purchasing an additional 7,637 shares in the last quarter. Tidal Investments LLC raised its holdings in iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tidal Investments LLC now owns 16,905 shares of the exchange traded fund’s stock worth $1,867,000 after buying an additional 1,289 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its stake in iShares TIPS Bond ETF by 25.8% in the third quarter. Peapack Gladstone Financial Corp now owns 43,432 shares of the exchange traded fund’s stock valued at $4,798,000 after buying an additional 8,920 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 1.2 %

Shares of TIP stock opened at $107.93 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.51. The firm has a fifty day moving average of $109.45 and a 200-day moving average of $108.53. The company has a market capitalization of $14.15 billion, a price-to-earnings ratio of 12.43 and a beta of 0.29.

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).