iShares TIPS Bond ETF (NYSEARCA:TIP) Position Trimmed by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 22.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,298,176 shares of the exchange traded fund’s stock after selling 382,175 shares during the period. Wells Fargo & Company MN owned about 0.63% of iShares TIPS Bond ETF worth $139,541,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TIP. AlphaCore Capital LLC lifted its holdings in shares of iShares TIPS Bond ETF by 5.9% during the third quarter. AlphaCore Capital LLC now owns 1,859 shares of the exchange traded fund’s stock valued at $193,000 after acquiring an additional 103 shares during the period. Objective Capital Management LLC lifted its holdings in shares of iShares TIPS Bond ETF by 5.8% during the third quarter. Objective Capital Management LLC now owns 2,020 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 111 shares during the period. Archer Investment Corp lifted its holdings 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 period. Inscription Capital LLC lifted its holdings in shares of iShares TIPS Bond ETF by 3.0% during the fourth quarter. Inscription Capital LLC now owns 4,090 shares of the exchange traded fund’s stock valued at $440,000 after acquiring an additional 119 shares during the period. Finally, Willow Creek Wealth Management Inc. lifted its holdings in shares of iShares TIPS Bond ETF by 1.0% during the third quarter. Willow Creek Wealth Management Inc. now owns 14,952 shares of the exchange traded fund’s stock valued at $1,551,000 after acquiring an additional 145 shares during the period.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $106.71 on Thursday. iShares TIPS Bond ETF has a twelve month low of $101.74 and a twelve month high of $108.64. The firm has a market cap of $18.51 billion, a PE ratio of 11.86 and a beta of 0.09. The business has a fifty day moving average of $106.30 and a 200-day moving average of $106.32.

About iShares TIPS Bond ETF

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).