Procyon Advisors LLC reduced its position in iShares TIPS Bond ETF (NYSEARCA:TIP – Free Report) by 1.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,531 shares of the exchange traded fund’s stock after selling 262 shares during the quarter. Procyon Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,548,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of TIP. William B. Walkup & Associates Inc. acquired a new stake in iShares TIPS Bond ETF during the 2nd quarter worth $26,000. Eastern Bank purchased a new stake in shares of iShares TIPS Bond ETF in the third quarter valued at about $37,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 204 shares during the period. Sound Income Strategies LLC grew its holdings in shares of iShares TIPS Bond ETF by 125.7% during the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 298 shares during the last quarter. Finally, Abich Financial Wealth Management LLC increased its position in iShares TIPS Bond ETF by 28.5% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 194 shares during the period.
iShares TIPS Bond ETF Trading Up 0.0 %
iShares TIPS Bond ETF stock opened at $107.18 on Friday. The stock has a 50 day moving average of $107.44 and a two-hundred day moving average of $108.27. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06. The stock has a market capitalization of $18.60 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).
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