Investment Advisory Group LLC Sells 200 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Investment Advisory Group LLC reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,616 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Investment Advisory Group LLC’s holdings in iShares TIPS Bond ETF were worth $279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NorthLanding Financial Partners LLC grew its position in iShares TIPS Bond ETF by 6.6% during the fourth quarter. NorthLanding Financial Partners LLC now owns 4,207 shares of the exchange traded fund’s stock valued at $448,000 after buying an additional 260 shares during the period. Dakota Wealth Management boosted its stake in iShares TIPS Bond ETF by 1.1% in the fourth quarter. Dakota Wealth Management now owns 288,414 shares of the exchange traded fund’s stock valued at $30,730,000 after acquiring an additional 3,271 shares during the last quarter. White Pine Investment CO grew its position in shares of iShares TIPS Bond ETF by 5.4% during the 4th quarter. White Pine Investment CO now owns 78,306 shares of the exchange traded fund’s stock valued at $8,344,000 after acquiring an additional 4,040 shares during the period. Commons Capital LLC purchased a new stake in shares of iShares TIPS Bond ETF during the 4th quarter worth approximately $812,000. Finally, Chesley Taft & Associates LLC raised its holdings in shares of iShares TIPS Bond ETF by 31.8% in the 4th quarter. Chesley Taft & Associates LLC now owns 6,009 shares of the exchange traded fund’s stock worth $640,000 after purchasing an additional 1,450 shares during the period.

iShares TIPS Bond ETF Trading Up 0.1 %

Shares of NYSEARCA TIP opened at $107.26 on Wednesday. The stock has a fifty day simple moving average of $107.39 and a two-hundred day simple moving average of $108.32. iShares TIPS Bond ETF has a 1-year low of $104.67 and a 1-year high of $111.06. The firm has a market cap of $18.61 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).