iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. reduced its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 38.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,794 shares of the exchange traded fund’s stock after selling 3,557 shares during the period. Cutter & CO Brokerage Inc.’s holdings in iShares TIPS Bond ETF were worth $623,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TIP. Baldwin Brothers LLC MA grew its stake in iShares TIPS Bond ETF by 19.0% in the 4th quarter. Baldwin Brothers LLC MA now owns 320,432 shares of the exchange traded fund’s stock worth $34,443,000 after acquiring an additional 51,104 shares during the period. Frontier Asset Management LLC lifted its position in iShares TIPS Bond ETF by 10.6% during the third quarter. Frontier Asset Management LLC now owns 113,770 shares of the exchange traded fund’s stock worth $11,800,000 after buying an additional 10,890 shares during the period. Wealthspire Advisors LLC boosted its stake in iShares TIPS Bond ETF by 10.0% in the 3rd quarter. Wealthspire Advisors LLC now owns 5,027 shares of the exchange traded fund’s stock worth $521,000 after buying an additional 456 shares during the last quarter. Ellis Investment Partners LLC grew its holdings in iShares TIPS Bond ETF by 0.6% in the 3rd quarter. Ellis Investment Partners LLC now owns 30,989 shares of the exchange traded fund’s stock valued at $3,214,000 after buying an additional 199 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of iShares TIPS Bond ETF by 86.1% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,354 shares of the exchange traded fund’s stock valued at $468,000 after acquiring an additional 2,014 shares during the last quarter.

iShares TIPS Bond ETF Stock Up 0.1 %

Shares of TIP traded up $0.10 during mid-day trading on Tuesday, hitting $105.89. The company had a trading volume of 2,243,075 shares, compared to its average volume of 2,194,815. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $110.88. The business’s 50-day simple moving average is $106.56 and its 200-day simple moving average is $105.88. The stock has a market cap of $18.59 billion, a PE ratio of 11.92 and a beta of 0.09.

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).