StrongBox Wealth LLC Sells 271 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

StrongBox Wealth LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIPGet Rating) by 2.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,445 shares of the exchange traded fund’s stock after selling 271 shares during the quarter. StrongBox Wealth LLC’s holdings in iShares TIPS Bond ETF were worth $1,190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of TIP. Allianz Asset Management GmbH purchased a new stake in iShares TIPS Bond ETF in the fourth quarter worth about $931,000. Renaissance Technologies LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter valued at approximately $14,432,000. O Shaughnessy Asset Management LLC boosted its position in shares of iShares TIPS Bond ETF by 99.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,893 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 943 shares during the period. Clark Capital Management Group Inc. increased its stake in shares of iShares TIPS Bond ETF by 29.7% in the fourth quarter. Clark Capital Management Group Inc. now owns 3,249 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 744 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in iShares TIPS Bond ETF by 60.3% during the fourth quarter. Clearstead Advisors LLC now owns 1,037 shares of the exchange traded fund’s stock valued at $134,000 after acquiring an additional 390 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP traded down $0.48 during mid-day trading on Friday, reaching $107.52. The company’s stock had a trading volume of 87,499 shares, compared to its average volume of 5,252,044. The stock has a fifty day moving average of $113.95 and a two-hundred day moving average of $117.69. iShares TIPS Bond ETF has a 52 week low of $107.86 and a 52 week high of $131.37.

About iShares TIPS Bond ETF

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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).

See Also

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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