iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Ellenbecker Investment Group

Ellenbecker Investment Group lowered its position in iShares TIPS Bond ETF (NYSEARCA:TIP) by 31.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,623 shares of the exchange traded fund’s stock after selling 3,059 shares during the period. Ellenbecker Investment Group’s holdings in iShares TIPS Bond ETF were worth $706,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. FMR LLC boosted its position in iShares TIPS Bond ETF by 106.7% during the third quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after purchasing an additional 3,608,542 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF during the 3rd quarter valued at approximately $102,200,000. International Assets Investment Management LLC lifted its position in shares of iShares TIPS Bond ETF by 10,652.4% during the 3rd quarter. International Assets Investment Management LLC now owns 402,031 shares of the exchange traded fund’s stock valued at $44,412,000 after buying an additional 398,292 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares TIPS Bond ETF in the 2nd quarter valued at $24,990,000. Finally, Invst LLC increased its holdings in iShares TIPS Bond ETF by 2,678.4% in the 2nd quarter. Invst LLC now owns 205,716 shares of the exchange traded fund’s stock worth $21,789,000 after acquiring an additional 198,312 shares in the last quarter.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $106.22 on Tuesday. The stock has a market capitalization of $18.43 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a fifty-two week low of $104.67 and a fifty-two week high of $111.06. The company has a fifty day moving average of $107.52 and a two-hundred day moving average of $108.29.

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).