Lynx Investment Advisory Lowers Stake in iShares TIPS Bond ETF $TIP

Lynx Investment Advisory cut its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 8.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,961 shares of the exchange traded fund’s stock after selling 260 shares during the quarter. Lynx Investment Advisory’s holdings in iShares TIPS Bond ETF were worth $326,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TIP. Grey Fox Wealth Advisors LLC raised its holdings in iShares TIPS Bond ETF by 0.9% in the first quarter. Grey Fox Wealth Advisors LLC now owns 11,556 shares of the exchange traded fund’s stock valued at $1,284,000 after acquiring an additional 98 shares in the last quarter. Northwest Wealth Management LLC raised its holdings in iShares TIPS Bond ETF by 1.1% in the second quarter. Northwest Wealth Management LLC now owns 9,353 shares of the exchange traded fund’s stock valued at $1,029,000 after acquiring an additional 101 shares in the last quarter. Strategic Investment Solutions Inc. IL raised its holdings in iShares TIPS Bond ETF by 25.7% in the second quarter. Strategic Investment Solutions Inc. IL now owns 509 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 104 shares in the last quarter. Evexia Wealth LLC raised its holdings in iShares TIPS Bond ETF by 2.9% in the first quarter. Evexia Wealth LLC now owns 4,056 shares of the exchange traded fund’s stock valued at $443,000 after acquiring an additional 113 shares in the last quarter. Finally, Country Club Bank raised its holdings in iShares TIPS Bond ETF by 4.2% in the first quarter. Country Club Bank now owns 2,942 shares of the exchange traded fund’s stock valued at $326,000 after acquiring an additional 118 shares in the last quarter. 63.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

TIP opened at $111.22 on Wednesday. The stock has a market capitalization of $13.86 billion, a PE ratio of 12.40 and a beta of 0.19. The firm’s fifty day moving average price is $110.78 and its 200 day moving average price is $109.79. iShares TIPS Bond ETF has a 12-month low of $106.04 and a 12-month high of $112.26.

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).