iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by American Trust

American Trust lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 7.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,411 shares of the exchange traded fund’s stock after selling 279 shares during the quarter. American Trust’s holdings in iShares TIPS Bond ETF were worth $377,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. William B. Walkup & Associates Inc. acquired a new position in iShares TIPS Bond ETF during the 2nd quarter worth about $26,000. Private Ocean LLC increased its stake in iShares TIPS Bond ETF by 66.7% during the 2nd quarter. Private Ocean LLC now owns 290 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 116 shares during the period. Eastern Bank acquired a new stake in iShares TIPS Bond ETF during the 3rd quarter worth approximately $37,000. Gradient Investments LLC boosted its position in iShares TIPS Bond ETF by 352.7% in the 2nd quarter. Gradient Investments LLC now owns 335 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 261 shares during the period. Finally, Hobbs Group Advisors LLC acquired a new position in shares of iShares TIPS Bond ETF in the second quarter worth $40,000.

iShares TIPS Bond ETF Stock Performance

Shares of TIP opened at $107.78 on Friday. iShares TIPS Bond ETF has a 1 year low of $104.67 and a 1 year high of $111.06. The stock has a market capitalization of $18.70 billion, a PE ratio of 11.86 and a beta of 0.09. The stock has a 50-day simple moving average of $108.44 and a 200-day simple moving average of $108.28.

About iShares TIPS Bond ETF

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).