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

RBA Wealth Management LLC lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,873 shares of the exchange traded fund’s stock after selling 140 shares during the quarter. RBA Wealth Management LLC’s holdings in iShares TIPS Bond ETF were worth $201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Trifecta Capital Advisors LLC bought a new position in iShares TIPS Bond ETF in the 4th quarter worth approximately $27,000. Fortis Group Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF during the third quarter valued at $27,000. Life Planning Partners Inc bought a new stake in shares of iShares TIPS Bond ETF during the fourth quarter valued at about $30,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in iShares TIPS Bond ETF in the fourth quarter worth about $33,000. Finally, Salem Investment Counselors Inc. acquired a new stake in iShares TIPS Bond ETF in the first quarter worth about $36,000.

iShares TIPS Bond ETF Stock Up 0.4 %

iShares TIPS Bond ETF stock traded up $0.42 during trading hours on Thursday, hitting $106.54. 841,966 shares of the company traded hands, compared to its average volume of 2,079,942. iShares TIPS Bond ETF has a 1-year low of $101.74 and a 1-year high of $108.54. The firm has a market cap of $18.48 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm’s 50-day simple moving average is $106.41 and its two-hundred day simple moving average is $106.67.

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).