Grey Fox Wealth Advisors LLC Decreases Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Grey Fox Wealth Advisors LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 2.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 11,472 shares of the exchange traded fund’s stock after selling 331 shares during the period. Grey Fox Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $1,267,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF in the 2nd quarter worth about $26,000. Private Ocean LLC increased its holdings in iShares TIPS Bond ETF by 66.7% in the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Eastern Bank purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth about $37,000. Gradient Investments LLC increased its holdings in iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 261 shares during the last quarter. Finally, Hobbs Group Advisors LLC bought a new position in iShares TIPS Bond ETF in the 2nd quarter worth about $40,000.

iShares TIPS Bond ETF Stock Down 0.3 %

Shares of NYSEARCA TIP opened at $108.43 on Thursday. iShares TIPS Bond ETF has a 52 week low of $102.40 and a 52 week high of $111.06. The business has a 50-day simple moving average of $109.62 and a two-hundred day simple moving average of $107.75. The company has a market cap of $18.81 billion, a P/E ratio of 11.86 and a beta of 0.09.

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).