WASHINGTON TRUST Co Sells 6,899 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

WASHINGTON TRUST Co lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 20.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,015 shares of the exchange traded fund’s stock after selling 6,899 shares during the period. WASHINGTON TRUST Co’s holdings in iShares TIPS Bond ETF were worth $2,984,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Valmark Advisers Inc. boosted its stake in shares of iShares TIPS Bond ETF by 15.5% in the 3rd quarter. Valmark Advisers Inc. now owns 4,082 shares of the exchange traded fund’s stock valued at $451,000 after purchasing an additional 547 shares during the last quarter. Strategic Blueprint LLC lifted its holdings in iShares TIPS Bond ETF by 52.2% in the third quarter. Strategic Blueprint LLC now owns 10,573 shares of the exchange traded fund’s stock valued at $1,168,000 after buying an additional 3,628 shares during the period. Cutter & CO Brokerage Inc. lifted its holdings in iShares TIPS Bond ETF by 2.4% in the third quarter. Cutter & CO Brokerage Inc. now owns 5,467 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 126 shares during the period. Integrated Advisors Network LLC boosted its stake in iShares TIPS Bond ETF by 1.7% in the third quarter. Integrated Advisors Network LLC now owns 17,024 shares of the exchange traded fund’s stock valued at $1,881,000 after acquiring an additional 290 shares during the last quarter. Finally, Fortitude Family Office LLC grew its holdings in iShares TIPS Bond ETF by 16.5% during the 3rd quarter. Fortitude Family Office LLC now owns 71,767 shares of the exchange traded fund’s stock worth $7,928,000 after acquiring an additional 10,143 shares during the period.

iShares TIPS Bond ETF Price Performance

Shares of TIP stock traded up $0.25 during trading hours on Wednesday, reaching $108.47. The company had a trading volume of 393,556 shares, compared to its average volume of 1,915,942. iShares TIPS Bond ETF has a 1-year low of $102.46 and a 1-year high of $111.06. The firm has a market cap of $18.82 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. The company has a 50 day moving average of $109.60 and a 200 day moving average of $107.82.

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).