iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by White Pine Capital LLC

White Pine Capital LLC reduced its position in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 23.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,303 shares of the exchange traded fund’s stock after selling 1,004 shares during the period. White Pine Capital LLC’s holdings in iShares TIPS Bond ETF were worth $352,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Eastern Bank purchased a new stake in iShares TIPS Bond ETF in the 3rd quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL boosted its holdings in shares of iShares TIPS Bond ETF by 102.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 404 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 204 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in shares of iShares TIPS Bond ETF by 26.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 484 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 100 shares during the period. Eagle Bay Advisors LLC acquired a new position in iShares TIPS Bond ETF in the fourth quarter valued at $96,000. Finally, Centaurus Financial Inc. purchased a new position in iShares TIPS Bond ETF during the third quarter worth about $169,000.

iShares TIPS Bond ETF Trading Up 0.6 %

Shares of NYSEARCA:TIP opened at $108.41 on Friday. iShares TIPS Bond ETF has a 12-month low of $104.67 and a 12-month high of $111.06. The stock’s 50-day moving average price is $107.38 and its two-hundred day moving average price is $108.40. The firm has a market cap of $18.81 billion, a price-to-earnings ratio of 11.86 and a beta of 0.09.

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).