iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,373 shares of the exchange traded fund’s stock after selling 422 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $892,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eastern Bank acquired a new stake in iShares TIPS Bond ETF during the third quarter worth about $37,000. Strategic Investment Solutions Inc. IL increased its position in iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in iShares TIPS Bond ETF by 26.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 100 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in iShares TIPS Bond ETF during the fourth quarter worth about $96,000. Finally, Centaurus Financial Inc. purchased a new position in iShares TIPS Bond ETF in the third quarter worth approximately $169,000.

iShares TIPS Bond ETF Stock Performance

Shares of iShares TIPS Bond ETF stock opened at $108.26 on Wednesday. The firm has a market capitalization of $18.78 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The stock has a 50 day moving average of $107.37 and a 200 day moving average of $108.42.

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).