AlphaMark Advisors LLC Has $157,000 Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

AlphaMark Advisors LLC lessened its stake in iShares TIPS Bond ETF (NYSEARCA:TIP) by 24.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,475 shares of the exchange traded fund’s stock after selling 475 shares during the period. AlphaMark Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $157,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its holdings in shares of iShares TIPS Bond ETF by 5.2% during the 2nd quarter. Bank of Montreal Can now owns 77,832 shares of the exchange traded fund’s stock worth $8,346,000 after acquiring an additional 3,838 shares during the period. Daymark Wealth Partners LLC acquired a new position in iShares TIPS Bond ETF in the second quarter worth about $703,000. The Manufacturers Life Insurance Company lifted its stake in iShares TIPS Bond ETF by 1,236.9% during the second quarter. The Manufacturers Life Insurance Company now owns 29,666 shares of the exchange traded fund’s stock worth $3,168,000 after purchasing an additional 27,447 shares during the period. Dorsey Wright & Associates acquired a new stake in iShares TIPS Bond ETF during the second quarter valued at approximately $761,000. Finally, Ascent Group LLC bought a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at approximately $927,000.

iShares TIPS Bond ETF Trading Up 0.2 %

Shares of TIP opened at $107.43 on Friday. The stock has a 50 day simple moving average of $107.38 and a 200-day simple moving average of $108.30. The stock has a market cap of $18.64 billion, a PE ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06.

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).