Vawter Financial Ltd. Sells 211 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Vawter Financial Ltd. cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 9.1% during the third quarter, Holdings Channel.com reports. The fund owned 2,119 shares of the exchange traded fund’s stock after selling 211 shares during the period. Vawter Financial Ltd.’s holdings in iShares TIPS Bond ETF were worth $234,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of iShares TIPS Bond ETF by 12.7% during 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. Sumitomo Life Insurance Co. acquired a new position in iShares TIPS Bond ETF during the third quarter valued at approximately $102,200,000. Marshall Wace LLP increased its stake in iShares TIPS Bond ETF by 3.1% in the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock valued at $59,964,000 after purchasing an additional 16,839 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares TIPS Bond ETF by 30.2% in the second quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock valued at $49,549,000 after purchasing an additional 107,653 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares TIPS Bond ETF by 5.0% in the second quarter. Cetera Investment Advisers now owns 443,962 shares of the exchange traded fund’s stock worth $47,406,000 after purchasing an additional 21,268 shares during the period.

iShares TIPS Bond ETF Stock Up 0.0 %

Shares of TIP stock opened at $107.44 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.18 and a 12-month high of $111.06. The firm has a fifty day moving average of $109.27 and a 200-day moving average of $107.99. The firm has a market capitalization of $18.64 billion, a price-to-earnings 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).