iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,799 shares of the exchange traded fund’s stock after selling 256 shares during the quarter. iShares TIPS Bond ETF accounts for about 1.2% of Samalin Investment Counsel LLC’s portfolio, making the stock its 15th largest holding. Samalin Investment Counsel LLC’s holdings in iShares TIPS Bond ETF were worth $2,749,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $26,000. Mainstream Capital Management LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $30,000. Kestra Investment Management LLC purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $45,000. Runnymede Capital Advisors Inc. purchased a new position in iShares TIPS Bond ETF during the 4th quarter worth approximately $47,000. Finally, GPS Wealth Strategies Group LLC raised its position in iShares TIPS Bond ETF by 26.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 100 shares during the last quarter.

iShares TIPS Bond ETF Trading Down 0.1 %

TIP opened at $110.10 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The firm has a market capitalization of $14.34 billion, a PE ratio of 12.32 and a beta of 0.28. The firm has a 50 day moving average of $108.66 and a two-hundred day moving average of $108.56.

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).