Capital Analysts LLC Reduces Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Capital Analysts LLC cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 26.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,151 shares of the exchange traded fund’s stock after selling 1,121 shares during the quarter. Capital Analysts LLC’s holdings in iShares TIPS Bond ETF were worth $339,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Coppell Advisory Solutions Corp. purchased a new position in iShares TIPS Bond ETF in the 4th quarter valued at about $26,000. Fortis Group Advisors LLC purchased a new position in iShares TIPS Bond ETF during the third quarter worth about $27,000. Trifecta Capital Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 4th quarter worth about $27,000. Fortis Capital Advisors LLC purchased a new stake in iShares TIPS Bond ETF in the 4th quarter valued at about $28,000. Finally, Life Planning Partners Inc acquired a new position in shares of iShares TIPS Bond ETF during the 4th quarter valued at about $30,000.

iShares TIPS Bond ETF Trading Up 0.4 %

Shares of TIP stock opened at $105.77 on Thursday. The company’s fifty day simple moving average is $106.60 and its 200-day simple moving average is $105.79. The company has a market cap of $18.57 billion, a PE ratio of 11.92 and a beta of 0.09. iShares TIPS Bond ETF has a 52 week low of $101.74 and a 52 week high of $110.88.

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).