Courier Capital LLC Sells 780 Shares of iShares TIPS Bond ETF (NYSEARCA:TIP)

Courier Capital LLC cut its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,912 shares of the exchange traded fund’s stock after selling 780 shares during the quarter. Courier Capital LLC’s holdings in iShares TIPS Bond ETF were worth $1,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. William B. Walkup & Associates Inc. purchased a new stake in iShares TIPS Bond ETF in the 2nd quarter worth approximately $26,000. Eastern Bank bought a new position in shares of iShares TIPS Bond ETF during the third quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL lifted its stake in iShares TIPS Bond ETF by 102.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 204 shares during the period. Sound Income Strategies LLC boosted its holdings in iShares TIPS Bond ETF by 125.7% in the third quarter. Sound Income Strategies LLC now owns 535 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 298 shares in the last quarter. Finally, Abich Financial Wealth Management LLC increased its position in iShares TIPS Bond ETF by 28.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 194 shares during the period.

iShares TIPS Bond ETF Stock Performance

NYSEARCA:TIP opened at $106.22 on Tuesday. The company has a 50-day moving average price of $107.52 and a 200-day moving average price of $108.29. The stock has a market cap of $18.43 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09. iShares TIPS Bond ETF has a 12 month low of $104.67 and a 12 month 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).