Curran Financial Partners LLC Sells 14,043 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Curran Financial Partners LLC lessened its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 39.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,802 shares of the exchange traded fund’s stock after selling 14,043 shares during the period. Curran Financial Partners LLC’s holdings in iShares TIPS Bond ETF were worth $2,321,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Key Financial Inc lifted its stake in iShares TIPS Bond ETF by 37.3% in the 4th quarter. Key Financial Inc now owns 1,381 shares of the exchange traded fund’s stock valued at $148,000 after purchasing an additional 375 shares during the last quarter. Archer Investment Corp raised its stake in shares of iShares TIPS Bond ETF by 10.1% during the fourth quarter. Archer Investment Corp now owns 1,268 shares of the exchange traded fund’s stock valued at $136,000 after acquiring an additional 116 shares during the last quarter. Slow Capital Inc. raised its stake in shares of iShares TIPS Bond ETF by 4.2% during the fourth quarter. Slow Capital Inc. now owns 43,489 shares of the exchange traded fund’s stock valued at $4,675,000 after acquiring an additional 1,743 shares during the last quarter. Latitude Advisors LLC bought a new position in shares of iShares TIPS Bond ETF during the fourth quarter valued at $1,047,000. Finally, Guidance Point Advisors LLC raised its stake in shares of iShares TIPS Bond ETF by 3.6% during the fourth quarter. Guidance Point Advisors LLC now owns 37,304 shares of the exchange traded fund’s stock valued at $4,010,000 after acquiring an additional 1,312 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.2 %

Shares of TIP stock traded down $0.20 during trading hours on Thursday, hitting $105.56. 286,757 shares of the company’s stock traded hands, compared to its average volume of 2,195,719. The stock’s 50 day simple moving average is $106.60 and its 200 day simple moving average is $105.79. The stock has a market cap of $18.54 billion, a PE ratio of 11.92 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $110.88.

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).