Main Street Financial Solutions LLC Lowers Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Main Street Financial Solutions LLC lessened its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 6.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,280 shares of the exchange traded fund’s stock after selling 152 shares during the quarter. Main Street Financial Solutions LLC’s holdings in iShares TIPS Bond ETF were worth $252,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TIP. Oppenheimer & Co. Inc. lifted its position in shares of iShares TIPS Bond ETF by 20.9% during the third quarter. Oppenheimer & Co. Inc. now owns 16,120 shares of the exchange traded fund’s stock worth $1,781,000 after purchasing an additional 2,782 shares in the last quarter. Meridian Management Co. increased its stake in iShares TIPS Bond ETF by 5.0% during the 3rd quarter. Meridian Management Co. now owns 100,756 shares of the exchange traded fund’s stock worth $11,130,000 after buying an additional 4,819 shares during the period. First National Trust Co lifted its holdings in iShares TIPS Bond ETF by 12.3% during the 3rd quarter. First National Trust Co now owns 4,865 shares of the exchange traded fund’s stock worth $537,000 after buying an additional 533 shares in the last quarter. TRU Independence Asset Management 2 LLC purchased a new position in iShares TIPS Bond ETF in the 3rd quarter valued at approximately $442,000. Finally, Tyler Stone Wealth Management grew its stake in shares of iShares TIPS Bond ETF by 95.8% in the third quarter. Tyler Stone Wealth Management now owns 2,303 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 1,127 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.0 %

Shares of NYSEARCA TIP opened at $107.42 on Friday. The stock has a market cap of $18.64 billion, a P/E ratio of 11.86 and a beta of 0.09. The business’s fifty day simple moving average is $109.35 and its 200-day simple moving average is $107.98. iShares TIPS Bond ETF has a 12-month low of $103.76 and a 12-month 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).