iShares TIPS Bond ETF (NYSEARCA:TIP) Sets New 1-Year Low – Time to Sell?

iShares TIPS Bond ETF (NYSEARCA:TIP)’s share price reached a new 52-week low on Monday . The company traded as low as $106.72 and last traded at $106.73, with a volume of 1195947 shares changing hands. The stock had previously closed at $106.94.

iShares TIPS Bond ETF Trading Down 0.0%

The business’s fifty day simple moving average is $107.74 and its 200-day simple moving average is $109.68. The firm has a market cap of $14.45 billion, a P/E ratio of 12.40 and a beta of 0.26.

Institutional Trading of iShares TIPS Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Coastal Bridge Advisors LLC lifted its holdings in iShares TIPS Bond ETF by 0.3% during the 4th quarter. Coastal Bridge Advisors LLC now owns 26,529 shares of the exchange traded fund’s stock worth $2,916,000 after purchasing an additional 90 shares in the last quarter. Wernau Asset Management Inc. grew its holdings in iShares TIPS Bond ETF by 4.6% during the 1st quarter. Wernau Asset Management Inc. now owns 2,068 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 91 shares in the last quarter. Foster & Motley Inc. increased its position in shares of iShares TIPS Bond ETF by 0.3% during the first quarter. Foster & Motley Inc. now owns 33,038 shares of the exchange traded fund’s stock valued at $3,646,000 after buying an additional 92 shares during the period. Rock Point Advisors LLC increased its position in shares of iShares TIPS Bond ETF by 4.6% during the fourth quarter. Rock Point Advisors LLC now owns 2,095 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 93 shares during the period. Finally, Auour Investments LLC lifted its holdings in shares of iShares TIPS Bond ETF by 2.3% in the first quarter. Auour Investments LLC now owns 4,072 shares of the exchange traded fund’s stock worth $449,000 after buying an additional 93 shares in the last quarter. 63.62% of the stock is currently owned by institutional investors.

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). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.