Viewpoint Investment Partners Corp Sells 189,500 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Viewpoint Investment Partners Corp lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 33.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 380,400 shares of the exchange traded fund’s stock after selling 189,500 shares during the quarter. iShares TIPS Bond ETF accounts for 52.8% of Viewpoint Investment Partners Corp’s investment portfolio, making the stock its largest position. Viewpoint Investment Partners Corp owned approximately 0.22% of iShares TIPS Bond ETF worth $40,532,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TIP. Tsfg LLC grew its holdings in iShares TIPS Bond ETF by 8.3% in the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 93 shares during the last quarter. KMG Fiduciary Partners LLC boosted its position in shares of 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 worth $1,769,000 after buying an additional 100 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 100 shares during the last quarter. First United Bank & Trust lifted its holdings 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 purchasing an additional 108 shares in the last quarter. Finally, FC Advisory LLC increased its stake in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 110 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.0 %

TIP opened at $108.46 on Wednesday. The firm has a market cap of $18.82 billion, a P/E ratio of 11.86 and a beta of 0.09. The business’s fifty day simple moving average is $107.40 and its 200 day simple moving average is $108.39. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06.

About iShares TIPS Bond ETF

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).