Samalin Investment Counsel LLC Cuts Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Samalin Investment Counsel LLC trimmed its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,799 shares of the exchange traded fund’s stock after selling 256 shares during the quarter. iShares TIPS Bond ETF makes up about 1.2% of Samalin Investment Counsel LLC’s portfolio, making the stock its 15th biggest holding. Samalin Investment Counsel LLC’s holdings in iShares TIPS Bond ETF were worth $2,749,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TIP. GPS Wealth Strategies Group LLC increased its holdings in iShares TIPS Bond ETF by 26.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 100 shares in the last quarter. FC Advisory LLC increased its holdings in iShares TIPS Bond ETF by 2.0% in 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. Clear Investment Research LLC increased its holdings in iShares TIPS Bond ETF by 2.2% in the 4th quarter. Clear Investment Research LLC now owns 6,114 shares of the exchange traded fund’s stock worth $652,000 after acquiring an additional 130 shares in the last quarter. Bank of Marin increased its holdings in iShares TIPS Bond ETF by 1.5% in the 4th quarter. Bank of Marin now owns 9,220 shares of the exchange traded fund’s stock worth $982,000 after acquiring an additional 137 shares in the last quarter. Finally, TI Trust Inc. increased its holdings in iShares TIPS Bond ETF by 0.7% in the 4th quarter. TI Trust Inc. now owns 21,985 shares of the exchange traded fund’s stock worth $2,343,000 after acquiring an additional 147 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA TIP opened at $110.10 on Friday. iShares TIPS Bond ETF has a one year low of $104.67 and a one year high of $111.06. The firm has a fifty day moving average of $108.66 and a 200 day moving average of $108.56. The firm has a market cap of $14.34 billion, a PE ratio of 12.32 and a beta of 0.28.

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).