iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 15.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,539 shares of the exchange traded fund’s stock after selling 3,549 shares during the quarter. Patton Albertson Miller Group LLC’s holdings in iShares TIPS Bond ETF were worth $2,158,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised 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 buying an additional 410,284 shares during the period. Sumitomo Life Insurance Co. purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth $102,200,000. Marshall Wace LLP raised 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 acquiring an additional 16,839 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares TIPS Bond ETF by 30.2% during 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 grew 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 purchasing an additional 21,268 shares during the period.

iShares TIPS Bond ETF Trading Up 0.5 %

Shares of iShares TIPS Bond ETF stock opened at $108.36 on Tuesday. iShares TIPS Bond ETF has a twelve month low of $104.25 and a twelve month high of $111.06. The firm has a market capitalization of $18.80 billion, a PE ratio of 11.86 and a beta of 0.09. The firm’s 50-day moving average price is $108.99 and its 200 day moving average price is $108.11.

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).