iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC reduced its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 19.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,889 shares of the exchange traded fund’s stock after selling 1,907 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $841,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TIP. FMR LLC increased its position in shares of iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock valued at $772,234,000 after acquiring an additional 3,608,542 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares TIPS Bond ETF by 1.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after purchasing an additional 51,713 shares during the period. Sumitomo Life Insurance Co. increased its holdings in iShares TIPS Bond ETF by 58.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 1,461,746 shares of the exchange traded fund’s stock valued at $155,749,000 after purchasing an additional 536,610 shares during the last quarter. Assetmark Inc. raised its position in iShares TIPS Bond ETF by 1,852.1% in the fourth quarter. Assetmark Inc. now owns 1,452,502 shares of the exchange traded fund’s stock valued at $154,764,000 after purchasing an additional 1,378,094 shares during the period. Finally, LPL Financial LLC lifted its stake in iShares TIPS Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 1,103,898 shares of the exchange traded fund’s stock worth $117,620,000 after purchasing an additional 52,479 shares in the last quarter.

iShares TIPS Bond ETF Stock Up 0.2 %

TIP opened at $110.00 on Wednesday. The firm has a market cap of $14.32 billion, a P/E ratio of 12.32 and a beta of 0.28. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06. The business has a fifty day simple moving average of $108.81 and a 200-day simple moving average of $108.56.

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).