Guidance Capital Inc. Reduces Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Guidance Capital Inc. cut its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 50.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,642 shares of the exchange traded fund’s stock after selling 5,677 shares during the period. Guidance Capital Inc.’s holdings in iShares TIPS Bond ETF were worth $597,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Norway Savings Bank increased its position in shares of iShares TIPS Bond ETF by 5.8% in the 1st quarter. Norway Savings Bank now owns 12,686 shares of the exchange traded fund’s stock valued at $1,363,000 after purchasing an additional 691 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in iShares TIPS Bond ETF by 136.1% during the 1st quarter. Pinnacle Bancorp Inc. now owns 5,284 shares of the exchange traded fund’s stock worth $568,000 after acquiring an additional 3,046 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in iShares TIPS Bond ETF during the 1st quarter worth $3,934,000. Chemistry Wealth Management LLC raised its stake in iShares TIPS Bond ETF by 3.5% during the 1st quarter. Chemistry Wealth Management LLC now owns 8,916 shares of the exchange traded fund’s stock worth $958,000 after acquiring an additional 304 shares in the last quarter. Finally, Kwmg LLC raised its stake in iShares TIPS Bond ETF by 4.4% during the 1st quarter. Kwmg LLC now owns 246,516 shares of the exchange traded fund’s stock worth $26,478,000 after acquiring an additional 10,369 shares in the last quarter.

iShares TIPS Bond ETF Trading Down 0.3 %

NYSEARCA:TIP traded down $0.33 during midday trading on Friday, hitting $106.78. 1,960,867 shares of the company were exchanged, compared to its average volume of 2,071,159. The company has a market capitalization of $18.53 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $101.74 and a fifty-two week high of $108.54. The company has a fifty day simple moving average of $106.38 and a 200 day simple moving average of $106.69.

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).