TSA Wealth Managment LLC Reduces Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

TSA Wealth Managment LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 85.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,045 shares of the exchange traded fund’s stock after selling 18,046 shares during the quarter. TSA Wealth Managment LLC’s holdings in iShares TIPS Bond ETF were worth $336,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake 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 acquiring an additional 410,284 shares in the last quarter. Sumitomo Life Insurance Co. acquired a new position in iShares TIPS Bond ETF in the 3rd quarter worth about $102,200,000. Marshall Wace LLP boosted its position in iShares TIPS Bond ETF by 3.1% during the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock worth $59,964,000 after purchasing an additional 16,839 shares in the last quarter. Bank of New York Mellon Corp grew its holdings 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 during the period. Finally, Cetera Investment Advisers increased its position in shares of 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 valued at $47,406,000 after buying an additional 21,268 shares in the last quarter.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock opened at $107.44 on Friday. iShares TIPS Bond ETF has a 1-year low of $104.18 and a 1-year high of $111.06. The company has a market cap of $18.64 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The stock has a 50 day simple moving average of $109.27 and a 200-day simple moving average of $107.99.

About iShares TIPS Bond ETF

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).