iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 16.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,159 shares of the exchange traded fund’s stock after selling 1,244 shares during the period. Modern Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $668,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in 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 valued at $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Sterling Financial Planning Inc. increased its stake in shares of iShares TIPS Bond ETF by 70.6% during the 4th quarter. Sterling Financial Planning Inc. now owns 25,000 shares of the exchange traded fund’s stock worth $2,664,000 after purchasing an additional 10,345 shares in the last quarter. Merit Financial Group LLC raised its position in shares of iShares TIPS Bond ETF by 167.4% during the 4th quarter. Merit Financial Group LLC now owns 5,084 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,183 shares during the last quarter. M&T Bank Corp lifted its stake in iShares TIPS Bond ETF by 7.1% in the 4th quarter. M&T Bank Corp now owns 44,934 shares of the exchange traded fund’s stock valued at $4,788,000 after buying an additional 2,993 shares in the last quarter. Finally, Citigroup Inc. grew its holdings in iShares TIPS Bond ETF by 17.9% during the 3rd quarter. Citigroup Inc. now owns 143,191 shares of the exchange traded fund’s stock valued at $15,818,000 after buying an additional 21,755 shares during the last quarter.

iShares TIPS Bond ETF Stock Down 0.1 %

NYSEARCA TIP opened at $109.86 on Thursday. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The business has a fifty day moving average of $108.86 and a 200-day moving average of $108.57. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 12.32 and a beta of 0.28.

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).