iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors cut its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.8% in the 2nd quarter, Holdings Channel reports. The fund owned 2,978 shares of the exchange traded fund’s stock after selling 735 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares TIPS Bond ETF were worth $318,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TIP. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of iShares TIPS Bond ETF during the first quarter valued at approximately $201,931,000. Sumitomo Life Insurance Co. boosted its stake in iShares TIPS Bond ETF by 102.5% in the 1st quarter. Sumitomo Life Insurance Co. now owns 1,280,653 shares of the exchange traded fund’s stock worth $137,555,000 after purchasing an additional 648,150 shares during the period. Evoke Wealth LLC boosted its stake in shares of iShares TIPS Bond ETF by 181.8% during the 4th quarter. Evoke Wealth LLC now owns 1,246,137 shares of the exchange traded fund’s stock valued at $133,947,000 after buying an additional 803,988 shares during the period. Campbell Wealth Management boosted its stake in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. Campbell Wealth Management now owns 506,023 shares of the exchange traded fund’s stock valued at $54,392,000 after buying an additional 9,857 shares during the period. Finally, Viewpoint Investment Partners Corp lifted its stake in shares of iShares TIPS Bond ETF by 31.5% in the 1st quarter. Viewpoint Investment Partners Corp now owns 464,000 shares of the exchange traded fund’s stock valued at $49,838,000 after purchasing an additional 111,200 shares during the last quarter.

iShares TIPS Bond ETF Trading Up 0.4 %

TIP traded up $0.46 during trading on Friday, hitting $109.25. The stock had a trading volume of 437,182 shares, compared to its average volume of 1,937,847. The firm has a market cap of $18.95 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $101.74 and a 12 month high of $109.49. The company has a 50 day simple moving average of $107.56 and a 200-day simple moving average of $106.81.

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).