Graypoint LLC Reduces Stock Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Graypoint LLC decreased its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,203 shares of the exchange traded fund’s stock after selling 151 shares during the period. Graypoint LLC’s holdings in iShares TIPS Bond ETF were worth $1,017,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of TIP. William B. Walkup & Associates Inc. purchased a new stake in shares of iShares TIPS Bond ETF during the second quarter worth $26,000. Private Ocean LLC lifted its position in shares of iShares TIPS Bond ETF by 66.7% during the second quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 116 shares in the last quarter. Eastern Bank purchased a new stake in shares of iShares TIPS Bond ETF during the third quarter worth $37,000. Gradient Investments LLC raised its position in shares of iShares TIPS Bond ETF by 352.7% in the second quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 261 shares in the last quarter. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF in the second quarter worth $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $108.27 on Friday. iShares TIPS Bond ETF has a 52-week low of $103.19 and a 52-week high of $111.06. The company has a market capitalization of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09. The business’s fifty day moving average is $109.45 and its 200 day moving average is $107.90.

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).