iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by SFE Investment Counsel

SFE Investment Counsel decreased its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,250 shares of the exchange traded fund’s stock after selling 108 shares during the period. SFE Investment Counsel’s holdings in iShares TIPS Bond ETF were worth $242,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $26,000. Fortis Group Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at approximately $27,000. Trifecta Capital Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $27,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $28,000. Finally, Life Planning Partners Inc purchased a new stake in shares of iShares TIPS Bond ETF in the 4th quarter valued at approximately $30,000.

iShares TIPS Bond ETF Price Performance

iShares TIPS Bond ETF stock opened at $105.62 on Friday. The firm has a 50 day simple moving average of $106.58 and a 200-day simple moving average of $105.79. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.88. The stock has a market cap of $18.55 billion, a price-to-earnings ratio of 11.92 and a beta of 0.09.

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).