CFS Investment Advisory Services LLC Sells 27,333 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

CFS Investment Advisory Services LLC reduced its holdings in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 59.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,875 shares of the exchange traded fund’s stock after selling 27,333 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares TIPS Bond ETF were worth $2,085,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its position in shares of iShares TIPS Bond ETF by 11.4% during the 1st quarter. Kestra Advisory Services LLC now owns 121,231 shares of the exchange traded fund’s stock valued at $13,021,000 after acquiring an additional 12,394 shares during the last quarter. Fairview Capital Investment Management LLC increased its position in shares of iShares TIPS Bond ETF by 8.0% in the first quarter. Fairview Capital Investment Management LLC now owns 52,318 shares of the exchange traded fund’s stock valued at $5,620,000 after acquiring an additional 3,865 shares during the period. Flow Traders U.S. LLC bought a new position in iShares TIPS Bond ETF during the 1st quarter valued at approximately $25,317,000. BTG Pactual Global Asset Management Ltd bought a new stake in iShares TIPS Bond ETF in the first quarter valued at $377,000. Finally, High Falls Advisors Inc boosted its stake in shares of iShares TIPS Bond ETF by 1.2% during the 1st quarter. High Falls Advisors Inc now owns 9,829 shares of the exchange traded fund’s stock valued at $1,056,000 after purchasing an additional 121 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

Shares of TIP stock opened at $107.69 on Friday. The business’s fifty day moving average is $109.09 and its 200 day moving average is $108.05. The stock has a market cap of $18.68 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a twelve month low of $104.19 and a twelve month high of $111.06.

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).