iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 18.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,655 shares of the exchange traded fund’s stock after selling 595 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in iShares TIPS Bond ETF were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Tsfg LLC increased its stake in iShares TIPS Bond ETF by 8.3% during the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after purchasing an additional 93 shares during the period. KMG Fiduciary Partners LLC boosted its position in iShares TIPS Bond ETF by 0.6% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock valued at $1,769,000 after buying an additional 100 shares during the period. Regal Investment Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock worth $588,000 after acquiring an additional 108 shares during the period. First United Bank & Trust raised its stake in shares of iShares TIPS Bond ETF by 3.2% in the third quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 108 shares in the last quarter. Finally, FC Advisory LLC boosted its holdings in iShares TIPS Bond ETF by 2.0% in the fourth quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 110 shares during the period.

iShares TIPS Bond ETF Price Performance

TIP stock opened at $107.88 on Tuesday. The business’s 50-day moving average is $107.38 and its two-hundred day moving average is $108.32. The firm has a market capitalization of $18.72 billion, a P/E ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

iShares TIPS Bond ETF 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).