W.H. Cornerstone Investments Inc. Lowers Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

W.H. Cornerstone Investments Inc. trimmed its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 52.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,901 shares of the exchange traded fund’s stock after selling 2,070 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares TIPS Bond ETF were worth $210,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TIP. International Assets Investment Management LLC increased its holdings in shares of iShares TIPS Bond ETF by 10,652.4% in the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after purchasing an additional 398,292 shares during the last quarter. Confluence Wealth Services Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the 2nd quarter worth approximately $213,000. TIAA Trust National Association boosted its position in shares of iShares TIPS Bond ETF by 3.2% during the 2nd quarter. TIAA Trust National Association now owns 88,468 shares of the exchange traded fund’s stock valued at $9,447,000 after acquiring an additional 2,776 shares during the last quarter. Buck Wealth Strategies LLC grew its holdings in shares of iShares TIPS Bond ETF by 1,108.6% in the second quarter. Buck Wealth Strategies LLC now owns 68,057 shares of the exchange traded fund’s stock valued at $7,267,000 after purchasing an additional 62,426 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in iShares TIPS Bond ETF in the second quarter worth $27,453,000.

iShares TIPS Bond ETF Stock Up 0.2 %

iShares TIPS Bond ETF stock opened at $107.94 on Tuesday. iShares TIPS Bond ETF has a 52-week low of $103.19 and a 52-week high of $111.06. The firm’s fifty day moving average is $109.51 and its 200 day moving average is $107.89. The company has a market cap of $18.73 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).