IVC Wealth Advisors LLC Sells 827 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

IVC Wealth Advisors LLC cut its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 12.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,787 shares of the exchange traded fund’s stock after selling 827 shares during the quarter. IVC Wealth Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $617,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TIP. Tsfg LLC boosted its position in shares of iShares TIPS Bond ETF by 8.3% during the third quarter. Tsfg LLC now owns 1,212 shares of the exchange traded fund’s stock worth $134,000 after acquiring an additional 93 shares during the last quarter. KMG Fiduciary Partners LLC increased its holdings in shares of iShares TIPS Bond ETF by 0.6% in the third quarter. KMG Fiduciary Partners LLC now owns 16,016 shares of the exchange traded fund’s stock worth $1,769,000 after purchasing an additional 100 shares during the last quarter. Regal Investment Advisors LLC boosted its stake in iShares TIPS Bond ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 5,509 shares of the exchange traded fund’s stock valued at $588,000 after buying an additional 108 shares during the last quarter. First United Bank & Trust grew its holdings in iShares TIPS Bond ETF by 3.2% during the 3rd quarter. First United Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 108 shares in the last quarter. Finally, FC Advisory LLC raised its holdings in shares of iShares TIPS Bond ETF by 2.0% during the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $107.24 on Friday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The company’s fifty day moving average is $107.38 and its 200 day moving average is $108.31. The stock has a market capitalization of $18.61 billion, a PE 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).