Fortune Financial Advisors LLC Sells 354 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Fortune Financial Advisors LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,246 shares of the exchange traded fund’s stock after selling 354 shares during the quarter. iShares TIPS Bond ETF accounts for 1.9% of Fortune Financial Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Fortune Financial Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $2,051,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF in the third quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its position in iShares TIPS Bond ETF by 102.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 204 shares in the last quarter. Sound Income Strategies LLC lifted its position in iShares TIPS Bond ETF by 125.7% in the 3rd quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in iShares TIPS Bond ETF during the 4th quarter valued at about $96,000. Finally, Tsfg LLC increased its holdings in iShares TIPS Bond ETF by 8.3% during the 3rd quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after purchasing an additional 93 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of iShares TIPS Bond ETF stock opened at $107.93 on Friday. The company has a market cap of $18.73 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The business has a 50 day moving average price of $107.38 and a 200-day moving average price of $108.33.

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).