Walker Asset Management LLC Sells 1,671 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Walker Asset Management LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 36.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,963 shares of the exchange traded fund’s stock after selling 1,671 shares during the quarter. Walker Asset Management LLC’s holdings in iShares TIPS Bond ETF were worth $327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Impact Partnership Wealth LLC boosted its stake in iShares TIPS Bond ETF by 27.0% during the third quarter. Impact Partnership Wealth LLC now owns 36,799 shares of the exchange traded fund’s stock worth $4,065,000 after buying an additional 7,813 shares in the last quarter. JMG Financial Group Ltd. boosted its stake in iShares TIPS Bond ETF by 17.1% during the third quarter. JMG Financial Group Ltd. now owns 3,822 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 559 shares in the last quarter. International Assets Investment Management LLC boosted its stake in iShares TIPS Bond ETF by 10,652.4% during the third quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock worth $44,412,000 after buying an additional 398,292 shares in the last quarter. Eastern Bank acquired a new stake in shares of iShares TIPS Bond ETF in the 3rd quarter valued at $37,000. Finally, Calton & Associates Inc. boosted its stake in shares of iShares TIPS Bond ETF by 5.8% in the 3rd quarter. Calton & Associates Inc. now owns 13,795 shares of the exchange traded fund’s stock valued at $1,524,000 after purchasing an additional 754 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP traded up $0.23 on Thursday, hitting $108.68. The stock had a trading volume of 354,466 shares, compared to its average volume of 1,888,383. iShares TIPS Bond ETF has a twelve month low of $102.40 and a twelve month high of $111.06. The firm’s 50 day moving average price is $109.62 and its 200-day moving average price is $107.75. The company has a market capitalization of $18.86 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).