iShares TIPS Bond ETF $TIP Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 442,396 shares of the exchange traded fund’s stock after selling 8,448 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.35% of iShares TIPS Bond ETF worth $48,624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rock Point Advisors LLC increased its position in 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 worth $230,000 after purchasing an additional 93 shares during the last quarter. Aspiriant LLC increased its position in iShares TIPS Bond ETF by 2.2% during the fourth quarter. Aspiriant LLC now owns 4,373 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 95 shares during the last quarter. Apollon Wealth Management LLC increased its position in iShares TIPS Bond ETF by 2.3% during the fourth quarter. Apollon Wealth Management LLC now owns 4,255 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 96 shares during the last quarter. Farrell Financial LLC increased its position in iShares TIPS Bond ETF by 1.4% during the fourth quarter. Farrell Financial LLC now owns 7,119 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 98 shares during the last quarter. Finally, LexAurum Advisors LLC increased its position in iShares TIPS Bond ETF by 5.1% during the third quarter. LexAurum Advisors LLC now owns 2,414 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 117 shares during the last quarter. 63.62% of the stock is currently owned by institutional investors and hedge funds.

iShares TIPS Bond ETF Trading Up 0.0%

iShares TIPS Bond ETF stock opened at $111.21 on Friday. iShares TIPS Bond ETF has a 12-month low of $108.07 and a 12-month high of $112.26. The stock has a market cap of $14.71 billion, a P/E ratio of 12.40 and a beta of 0.27. The company has a 50-day moving average price of $110.90 and a 200 day moving average price of $110.75.

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). 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.